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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. > Any ideas what'll happen tomorrow?
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Post by thegreatergold on Aug 27, 2014 6:16pm

Any ideas what'll happen tomorrow?

I bought in to this stock at .29 cents so I could get out now and not lose anything and maybe buy back in if this stock slips back.  Or I could just leave it.  What do you guys think, is this stock going to keep climbing?
Comment by Prof_JD on Aug 27, 2014 6:24pm
Greatergoldman, i dont wana sound like Jan Billish  but the minor retracement from .33 high down to .265 seems to appear as complete for now and we are now trading in the middle of that range so consolidation wasnt exactly huge. 30 cents looks like the barrier to beat , after this its anyones guess where this one may end up
Comment by calenderj on Aug 27, 2014 6:59pm
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Comment by Prof_JD on Aug 27, 2014 7:25pm
Calerojoman, you are right institutions buying again. Leading seler CIBC that caused gap down from 25 to 20 is gulping up shares at an unprecedented pace. keep in mind they made the last purchase of the day that allowed us to close on a .29 high of the day Recent Trades - Last 10 of 603 Time ET Ex Price Change Volume Buyer  ...more  
Comment by calenderj on Aug 27, 2014 9:35pm
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Comment by Prof_JD on Aug 27, 2014 10:14pm
Calerojoman, per stockta the supp-resistance is listed below although id have to admit from watching the tape 31 cents is a hellluva monkey to get off our backs Support/Resistance Type Value Conf. resist. 0.80 4 resist. 0.69 2 resist. 0.59 4 resist. ...more  
Comment by calenderj on Aug 27, 2014 10:43pm
This post has been removed in accordance with Community Policy
Comment by Prof_JD on Aug 27, 2014 10:57pm
cALEROJOMAN, BAA NEEDS SEVERAL BIG WHITE CANDLES LIKE THESE AFTER A DOZEN OR SO MONTHS OF DECLINE. THIS IS WHAT A BIG WHITE CANDLE TO A DOLLAR WOULD LOOK LIKE
Comment by Power4Play on Aug 28, 2014 8:23am
Don't see why we shouldn't get back over the 50's support in the next couple weeks. I also agree over 30cents close today. Bring in many millions volume and mid-30's is where we're heading.
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