I worked in the IB world so it's kinda what I was trained to do.
Eventually you get tired of kissing *** so three of us went out on our own, we bounce ideas of each other.
The mining industry is the most catalyst laiden, esp post commodity bust.
As for why I personally will be selling most over the coming 3 months... Banro answers that for me in their latest 20-f
"Some or all of the Company's properties are located in regions where political instability and violence is ongoing (for example, in November 2012, the M23 rebel group took over the city of Goma (Banro's operations are located about 200 kilometres southwest of Goma), but subsequently withdrew from Goma under international pressure). Some or all of the Company's properties are inhabited by artisanal miners. These conditions may interfere with work on the Company's properties and present a potential security threat to the Company's employees. There is a risk that operations of the Company may be delayed or interfered with, due to the conditions of political instability, violence and the inhabitation of the properties by artisanal miners. The Company uses its best efforts to maintain good relations with the local communities in order to minimize such risks."
Good luck to those who remain post financing clearing.
