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Re: hopester post# 2884

Wednesday, 01/21/2015 3:00:19 PM

Wednesday, January 21, 2015 3:00:19 PM

Post# of 3898
RNN is a good risk to move up great this quarter, but the reason it didn't go back to trading over $1 is because insiders, and their networks day traded the stock, and dumped at it's recent highs, though it appears that company insiders kept their past accumulated holdings. It seems to be a market pattern, on good companies that people see as undervalued, till they finally have more than mere speculation, and are able to run to new highs by meeting some degree of expectations. The wealthiest 1% in this country control over half the entire stock market, and earn far more on trading, than pure investment alone. Now it appears to me that .70 has become the new accumulation point for this stock, and interest will begin to work it's way again back to the top of the range. If so, then the gamble again is how to balance the current mindset between taking small profits, with our desire to make a killing. Smaller investors usually never know which exact trading cycle, that a company will decide to play it's best hand, or whether it lives up to the hype that causes the interest in it. And sometimes they have to live with market calls and are forced to sell some of there stock at a loss, rather than being able to hold till the next cycle. That's how it goes.