Replies to post #22502 on Banro Corp. fka BAA

[RB_79]

Debt, instability in Congo and Price of Gold

Other than that looks like BAA is doing a good job...I bought this stock before NAmoya, when they had troubles at TWanziga, when BAnro had to build a shelter due to rain..huge difference from even that short time to now!

GLTA especially longs!!! Go BAA

[hardtogetnewalias]

Thumbs up Texas. great post! :)

[Libertarian_Statist]

You raise an interesting point,

But if you look at institutional ownership of Banro it is quite low and it is mainly a stock held by average people who are less likely to have received non-public info.

Furthermore, Short Interest a % of float is minuscule compare that with a stock like ANV before it went BK which had something like 40%+ short interest. Granted, certain brokers will not let you sell BAA short but clearly some have considering their is a tiny slice of short interest.

I guess it alot of it all comes down to whether you believe in EMH, personally I don't even believe in weak-form because to accept that you must agree that the Dot-Com bubble was an accurate pricing up until the day it popped.

You're right though, some might not agree with the $2 figure, but sub in a sufficiently high discount factor into you're DCF such that this price makes sense even with a 50% chance of BK and while I haven't run the numbers I assume you're discount factor will be .3<

Cheers

[keyotee]

Or maybe the pps is exactly what it should be at this time and that is why their are no new investors coming in baa here right now.

[TexasRambler]

All good replies, guys. Exactly the type of comments I was hoping for. It looks to me like most of us are looking a this investment without rose colored glasses on.