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Techamental Logic

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Techamental Logic

Re: None

Tuesday, 04/01/2014 9:03:41 AM

Tuesday, April 01, 2014 9:03:41 AM

Post# of 63744
It is interesting that GMP downgraded Banro from Buy yesterday at 9:26 AM. Brock from GMP asked the first question in the CC at around 10:25 AM. So GMP downgraded Banro an hour before they even asked their question at the CC.

I'll be sticking with Banro. Q1 production is right around the corner. Some DD has pointed to a promotion the week after. We have 46% institutional holdings. So any new volume will make BAA pop sharply.

I say let them shake the tree, buy on the dips and hold strong. Management is confident and BAA still has easy access to money.
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