Banro Corp. fka BAA

[investorwisdom]

What do we need to see in terms of technical to have a bottom in place and trend reversal? Its clear to me we are in free-fall, we need a bottom that the chartists can appreciate. This can only come from the price of Gold, Banro continues to fail, only the appreciation in price of Gold can salvage anything at this point. This stock has basically become a cheap option on forward gold price speculation. Without $1600 oz Gold we will stay in default of future loan covenants, that is a hard thing to price in when your dealing with management who already sold us up river.