Nice move! Some may say Banro is currently in a holding pattern...not me...I say Banro is currently in a loading pattern and I'm loading.
All kidding aside I add a block of BAA every week. The amount I invest hasn't varied much but the number of shares I'm getting from 2/15 to 3/15 to 4/15 to 5/15 have steadily increased.
Aside from May 14th the BAA RSI hasn't been above 50 since March 17th. Couple that with the fact that Banro was able to fix their accounts payable problem by simply picking up the phone and calling their bank...LOL...I mean WOW! Just think about that...how exactly did that conversation go?
Banro: Hiya Banker!
Banker: Hiya Banro!
Banro: Do you remember those millions you borrowed us?
Banker: I sure do!
Banro: Darn...hmmm...well...this is embarrassing...we don't have....
Banker: Ha! Let me cut you off right there...don't worry about it!
Banro: Don't worry about it?
Banker: If I'm not worried you shouldn't be either. Take your time!
Banro: How much will this cost us in fees, penalties and interest?
Banker: Nothing! It's on the house.
Banro: Are you serious?!?
Banker: Of course! Take your time. No worries here.
Banro: Well...thanks!
Banker: You Betcha!
***click***
***click***
Then in my mind what happened was this...the banker picked up the phone again...dialed a number and the next thing the banker heard was..."Good afternoon, thank you for calling BlackRock, to whom may I transfer your call?"
At least that's how I imagine it happening. I could be totally wrong...but I doubt it.
News 
Market Data 
Discover 
