Replies to post #49141 on Banro Corp. fka BAA

[fazlice]

Gss isnt overbought?..for how long?

[Tronicta]

I don't think the dilution will affect the share price. IT should just add to the overall market cap - after all the shares were bought at paid for already, if I am not mistaken.

The shares were trading at around a fairly stable $.175 (or $44M MC) when the dilution was announced for 50M shares @ $.175 ($8.75M). I think this financing was part of the strategy to remain listed on the NYSE as the total MC at $0.175 would have been $53M.

I am pretty sure the dilution has already happened... can someone correct me? I have a bad habit of reading things diagonally and may have missed it in one of the PRs.

[TexasRambler]

lol. I was about to post Nagoya that you and I are on the same page here. However, while I do thing .24-.25 is possible, I think .21 is a reach. As I posted earlier, I am trying to plat catch up by trading other stocks. lol gained about $8 on rj*t. lol Not what I had hoped for. Now trying p*h. Roll them dice!

Actually, If I buy baa back, I would only get back about 70% of the 10% I sold on the flip attempt.. Since were talking about ricking Net 3% of my shares with a cap of the 10%, I am having a bit of fun trading other stocks. If BAA were to go to $3 tomorrow I will still be one happy camper.