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Bullboard - Stock Discussion Forum BANRO CORP. T.BAA

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."

TSX:BAA - Post Discussion

BANRO CORP. > experts out there...
View:
Post by pronniemk on Aug 20, 2014 12:08pm

experts out there...

any guesses where this may end up end of day? :-)
I am new to the world of trading; wondering what you guys think where will the SP head?
Comment by Prof_JD on Aug 20, 2014 12:16pm
In the low 40's towards the next major resistance poit of 45 cents by end of Friday jd the prof- 
Comment by birch1 on Aug 20, 2014 12:25pm
over $0.50 by end of next week, then we sit to end of september me thinks in that range
Comment by TheGoldenBear on Aug 20, 2014 12:40pm
My take is much more conservative. When the first half of the day looks like this......a strong move up that tapers off and trades sideways during lunch hour, I suspect one of two things will happen. Option No. 1 is that the price increase today is mostly day traders and penny flippers and they will sell off in the afternoon and we will close where we opened at 0.25/0.26. Option No. 2 is that ...more  
Comment by TheGoldenBear on Aug 20, 2014 12:54pm
I would like to add that I believe a move up in SP will be muted somewhat for now because of this stocks history. There are a lot of holders here who have lost a ton of money on this, and probably have BAA as a major regret. So when they get the chance to recover some of their losses they will be happy to sell and be done with it. Add to this that new buyers are already in the green, and many of ...more  
Comment by arielpls on Aug 20, 2014 1:04pm
Currently, there is a resistance and a further 0.30 to 0.33. The 0.30 seems difficult to pass. For cons, the support seems to be good at 0.25. In technical analysis, gaps still close, so I stay alert with the gap between 0.20 and 0.25. If it does not close is that we are very bullish.  Today, I want a closure around 0.32. This would take us away from the gap at 0.20-0.25.
Comment by Prof_JD on Aug 20, 2014 1:05pm
...welll done my friend,  https://www.youtube.com/watch?v=MnUii6V4xlo
Comment by TheGoldenBear on Aug 20, 2014 1:16pm
Dude, that's awesome. I can't quite figure out what it means, but I'm sure you had something in mind. I was trying to remember what board you were on that I knew you from, so I searched back and saw that it was from Colossus Minerals (CSI). Back then you were referring to yourself as Gramps and warning people for a long time about what was to come. I still have my Colossus shares, post ...more  
Comment by Prof_JD on Aug 20, 2014 2:43pm
My friend Bearman, the best part for you is you do not even need to know what it means to find it awsome,,, because all you need to do is heed to the advice of GRAMPS. GRAMPS HAS SPOKEN FROM THE THRONE /// Dude, that's awesome. I can't quite figure out what it means, but I'm sure you had something in mind. I was trying to remember what board you were on that I knew you from, so I ...more  
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