Replies to post #16503 on Banro Corp. fka BAA

[JohnCM]

This is not good.

How could this possibly be "not good".

[bullforever]

So, I don't think the management buying is based on financing, but they are comfortable with the current company development and production. Actually, it seems no need for a bad financing term now. If the share price increases fast it will bring a lot of money by warrant excercise

[Groenspaan]

I agree. If this is not an exercise of options or something similar it's highly suspicious to have insider transactions when a deal is in the making. It can also be negative news and this is insider buying to share the 'pain' with common shareholders as a gesture..