This is a organized take-down,shake-down by one of 3 parties or a combination of them.
#1 Investment firm trying to acquire a larger percentage of the company for dirt cheap.
#2 Bondholders are the worst, Banro owes them money, and they know that if Banro is late or needs to refinance, the return on money goes up in percentage terms. So they hire thugs to defame the company and it's prospects. This sounds counter-intuitive, but it actually is in the bondholders playbook and it makes them more money.
#3 The third party can be a new player who is trying to build a position in the stock.
And of course all the time this creates shorters, both institutionally, and on the bondholders side to hedge the investment.
So you see now you have large players and small players who have their fortunes tied to further Banro demise and destruction. That is why you see people now after 5 years of investing in the stock, come out of the woodwork and call me a paid promoter! These thugs are hired to run a smear campaign.
The good thing now is we have plenty of fuel for a short-squeeze. After all time is on Banro's side. We have 1 - 2 quarters of ramping up Namoya, while Twangiza is running full speed. Things are just not as bad as the picture they paint.
The battle has been lost but the war is still being waged, and Banro will shine on like the Sun, for every night turns to dawn.
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