Nope, MM's have not yanked the carpet yet!
But it's obvious to me with the mostly bullish information that has been available as of late, that they are still sucking in buyers and shorting share for share everyone that buys here.
For those that don't believe me, why is the stock not moving up?
If MM's don't KNOW that they are about to release bad news, and KNOW that they are about to Gap down the stock to WHIP-SAW THE EVER LOVING SHEIT out of newbies sucked in by the hype, then of course they will short here, and that gentlemen is the selling pressure that keeps Banro from moving up, despite the massive jump in Gold prices.
As I've posted before, still long, but not buying any more at this level.
My guess, is they are trapping short term traders across the entire mining sector that are chasing the January effect.
Banks probably know that the Gold market is about to get Rocked soon, so all these gold mines (including Banro) on a tiny run, are traps.
As for me, I will resume buying at lower lows.
Still like the long term prospects of Banro, and expect stock to make a run for one buck later in 2015.
Cheers! (Hope I'm wrong here by the way, still very very long)
