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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. > golden rule:
View:
Post by ProfJD on Dec 01, 2014 9:28am

golden rule:

remember kids:
for every 20 dollars Gold is up  BAA will go up 1/4 of a cent or stay flat
but if Gold down 5$ it will go down 1-2 cents lol
thats when you know its hopeless 

jd
Comment by eInvestor99 on Dec 02, 2014 8:04am
It is perhaps just that people are naturally cautious and for this reason the market reacts more quickly to negative news than to positive. If that is true then the stock would naturally drop very quickly when gold is down by rise only slowly when gold comes back up.
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