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It should not be too long before the .0001 bids start stacking up.
When it comes down to it, most trading on the big boards is done through the trading programs on the computers of the big five banks.
Interesting. I can remember when I first actually saw high frequency trading happening on my computer screen. You could see it in the big board volume too. I have often wondered if some of these patterned technical trading (behavioral) models have come to operate on self-fulfilling prophesy.
I'm a value investor mostly. The only stock trading principle that has ever really made much sense to me is to buy low and sell high.
Good eye. A golden cross is a pretty reliable signal of a stock run. You don't see many of those in the 000s anymore either. Very, very encouraging.
You can speak for me on that Goodtimes. In twenty-five years playing them, I have never owned a pink sheet with revenues this strong either and have never even seen one with earnings this strong in the 000s, not even close. DPLS broke out on news of strong revenues to come and ultimately peaked when revenues were comparable to RNVAs current (already reported) revenues. And DPLS was still operating in the red.
I have never owned one that swung to a profit and kept on going like RNVA has either. A couple flirted with profitability on the margins, and the market eventually rewarded them just for that. And they were not paying off debt to the tune of $2.74 million in six months like RNVA has.
Sure, RNVA has some financial housekeeping to do. That goes with the turf, but the company will double in size in 12 months, virtually baked in. I say everybody needs to let the market value this baby in as is before anyone needs concern themselves too much with the housekeeping. The CEO is on it.
RNVA is fundamentally the best 000 buy and hold I have ever seen, not exaggerating.
The volume speaks volumes.
I've made mistakes both ways - sold myself out of position and held too long - but if I take a nice profit, I can't complain. I'm positioned to make this one count with (what I see as) modest price targets, so I'm getting what you are saying.
I don't always know who is who on IHub. I come and go for extended periods of time, and usually only read and post on a board for an OTC stock I'm long and strong on. Actually, it had been awhile until I happened upon RNVA and saw the potential. The company's performance has exceeded my expectations at every step, so I'm going to ride the bull to the buzzer if I can hold on. If I do let go at some point, I'll be off somewhere enjoying the proceeds from this one. I've done some DD on an awful lot of 000s I would never touch, but I really, really like RNVA!
A billion shares were not bought today because of anything said on this board. Dumb people cannot conceive of anything happening out of their sight. Once again, FO loser.
FO loser.
I don't understand the "dark pool" like you do, but wouldn't the borrow rate falling from .30 to .25 indicate shorts have begun to cover?
I said right there in the post I was just kidding, you A hole.
That just means 90% against the bid and 10% against the ask. There is always a buyer and seller.
If those equity positions amounted to much, an insider trading plan would have been required for them too. It's just not a big deal.
A buyer for every seller. Just what we need to move this north. Sabby equity position clearing. Will springboard off of that.
HCA to acquire RNVA at $2.00 a share! (Just kidding him people.)
There is nothing to fear but fear itself.
$2.74 million debt reduction through first half 2023. It's all in the balance sheet.
"Magic money fairy," that's what you think, huh. If you don't mind, I'll just go on believing the market cp is the market cap.
The principal investments are so massively diluted execution only dings the OS while the preferred share equity position vanishes. I'm telling you, you don't understand this.
That's right. We all spend our days trying to figure out ways to fool you. You're on to us. Move on.
But "their effect is anti-dilutive." (p. 15 Q2 10-K) You don't understand how common share equivalencies work.
RNVAs insider trading plan was filled in form S-1 12/30/22. After the "cooling off period" and a minor amendment, the insider trading plan went into effect 05/12/23. Sabby prospectus was then issued on 05/16/23 in accordance with insider trading plan. Took me awhile to figure it out, but the rules are in effect across all exchanges, so it is good to know, especially with OTCs.
Here is a good is a good summary: https://www.skadden.com/insights/publications/2023/01/what-the-secs-new-insider-trading-rules-mean
INOVAQOR revenue should see some synergy from RNVA growth.
Sabby could be selling .0001s too. No way of knowing that at this point, but the insider trading filings do cut out most of the guess work for traders of common shares.
This is beautiful man. The market is feeding the MMs .0002 buy orders, but Sabby is forbidden to accept .0002, so the buy orders get passed through the transfer agent to fill at .00014 on behalf of Sabby. The new SEC insider trading rules are preventing Sabby from taking even what the market is willing to pay. I've never seen anything like this. Clearing out Sabby's corporate equity position will be one hell of a SPRINGboard for RNVA!
Accumulation continues. No sweat.
I could be wrong, but I'm pretty sure all the downticks are .00014s under the insider trading plan/Sabby prospectus. If not for the new insider trading rules, Sabby would have let this run on the last two earnings reports and then sold, thereby crashing the price again. I think traders are going to love the new rules once they get used to them.
Just announced: RNVA CEO sues winna for defamation.
IHub ought to let us remove a post like that. That's pure malice.
Big wall at a fixed price of .00014 as per SEC insider trading rules. Did anyone on this board have a .0002 buy order filled at .00014 yesterday or so far today?
More .00014 Sabby fills on the downtick. All good!
I have been giving a lot of thought that of course. I'm really focused on fundamental valuation. When the stock price gets too far ahead of a reasonable forward P/E, probably time to sell or at least lighten the position. I really think a value guided trading strategy will ultimately fit right in with the "technical trading" patterns chart players live by. I'm not much of an expert on technical trading (behavioral models), so your advice along the way will certainly be welcome.
Lime studied economics at the University of Goon.
Perfect storm. P/L turnaround, value + growth, new insider trading rules in play for the better, heavy off exchange short positions to cover (I gather from those who follow that sort of thing), some traders coming in who will delight in squeezing the shorts and leaving Sabby (forced to settle for .00014) in the wake, RNVA the only real standout in 000s, damned good long-term outlook that should attract more buy and hold positions, and on and on and on.
Just beginning to churn through fills between .0001-.0002. The .00014s are definitely Sabby, so it might take a while just like it did from .00001-.0001. I'm estimating maybe 7-8 billion more shares to be traded before the .0002 bids stack. I don't expect much resistance at .0003, some flips at that level, but not many relatively speaking. RNVA has a major breakout written all over it.
Sabby is the only major seller. Most recent buyers know that. Most don't intend to flip.
FO loser.
Champaigne cruise of the Carribean? Count me in.