Replies to post #16474 on Banro Corp. fka BAA

[baystock1]

It looks like the BlackRock SEC filing is to report a decline in their ownership in Banro. They use to own much more than 10%.

Per morningstar BlackRock has reduced their holdings by 5%:
http://investors.morningstar.com/ownership/shareholders-overview.html?t=BAA

The good news is they still own 10%. The bad news is that they can still sell their position down to zero. But hopefully this was distressed selling due to fund redemptions rather than due to a change in their outlook on Banro's prospects.