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Undaunted. Confirming acquisition with a 30 day delay for reasons that make sense. The only people selling are people who were looking for a faster turnaround. No big deal.
I want my Carbide Balls trophy.
Daily chart: higher lows, consistently. Buy/hold.
The next reverse split will be...
...right after the magical meeting of the Grand Sparkling Unicorns.
CyberCall, I think there is a general consensus among several here that RNVA is a prime candidate for a takeover, but I can't see it happening as fast as we'd like. If it were me, I would be accumulating as many shares as I could at these levels (and using naked shorting as an assist), then when the shares dry up, and the price is about to spike due to a truly locked float, make my bid on the remaining shares and make it attractive enough to induce transactions. Of course, the gamble is that I might not secure the necessary shares and be stuck with potentially tens of millions or a hundred million plus shares to manage on the open market after a failed takeover attempt. IDK, but it all sounds interesting and exciting.
They're pulling out all the stops, literally. I could care less. I know what I own and how to play it.
Undaunted.
Roger that! I cut loose all of my plays on other exchanges to load Rennova. I'm already up several hundred percent. Driving this one home!
Everything is looking great. Ready for the next cog in the wheel! Go PMCB!
Me too, mostly! I can say that heaviest in RNVA and one other OTC stock. I'm liking my positions right now!
The "tanks!" claim when the trading range is narrow and down at the moment. See it all the time.
Daily chart says stfu and hold. Confident.
That iffiness is volatility, and it's an attractive attribute of this stock. Embrace it.
I'm a bit more conservative @ .034X, .047X this leg.
Still have 100% of my 02/27 buy in. $1.50+
People are finally figuring it out. Go RNVA!
A boy cries wolf and the whole damned town faints, lol. Lots of self perpetuated losses this morning. Did it not occur to anyone that a wolf poses no threat to an entire village of riflemen? Ridiculous. Oh, well. I'm wolf proof, as usual.
The fearful thought there'd be a selloff. SMH
Pfft. Undaunted.
Alright, bring the figures. Let's see what's in the bag.
Ever since the first mention of a LBO, I've run several scenarios through my mind. One keeps coming to the surface: the hostile takeover. RNVA is a clear candidate for such a maneuver. Seamus appears to be in a bit of a quandry, but his pleas stop short of itemizing his concerns in detail. It makes me think he's aware of his vulnerability and needs the A/S increase and R/S as a measure of averting a takeover and/or better positioning himself in the event of a takeover. Of course, we can only speculate on these matters given the very ambiguous nature of the company's shareholder requests. I'm excited to see how our figures look after the bell. If they're good, I'm thinking they've been purposefully stalled thus far.
RNVA absolutely does look attractive from a takeover perspective. Especially if the entity/ies is/are in a position to see the Tennova deal through and put RNVA on a course for NASDAQ/IPO etc. and ultimately acquisition. Hmm.
I see RNVA is doing as expected again today. I've gone from watching every trade, to watching every minute, to looking several times a day, to checking every so often. Best sure thing I've had in awhile. GLTA! Stay the course, RNVA!
It's marketing 101; follow the masses. He follows the volume and gets the most eyes on his material, which he translates a percentage of to revenues. These videos are just marketing materials, and nothing else.
Bravo, RNVA! Holding since the end of February. No end in sight. You're simply the best. Better than all the rest. Make Papa proud. $1.50+
I'm aiming, for $1.50+ over the next several months, if everything pans out. I'm usually not one to throw definitive numbers out there, but I do see a path to over a dime in the short term.
My E*Trade deposits were always lightning speed, but I don't deposit anymore. ;)
Haha. Just take everything you read on this board and cut it in half, then you'll be fine. Are we going to close green today? Probably. Will we go to three today? Probably not. Monday's news and 10K? For all we know, the 10K could be break even and the news could be another plea for voters to change their minds. We simply don't know. And because we don't know, there's no need to stress. It's unwarranted. Just get robotic and go with the flow until the flow no longer suits the rules you've put in place for yourself.
I'm not a pumper and I'm holding. Others here definitely get excited and a little ahead of themselves, but the price action over the last 45 days doesn't look anything like a pump and dump. The people who might look like they're pumping have been in this thing since the reversal was recognized/predicted, and they've had two major opportunities to dump and walk away. Yet they're here every day, protecting their investment from naysayers, which tells me they're holding for something greater than $.03. Otherwise, they'd dump and go quiet, allowing the price to retract more quickly between pumps. Like others, I know a pump and dump when I see one, and I've ridden plenty of them over the years, without pumping myself. There's no shame in riding the coattails of such bold individuals, just dump before they do. RNVA is a buy and hold. I have my bottom, but I'm not going to set a stop for it. I know better. I'm not concerned with the 10K, because it's not going to get nearly the attention that this stock's overall technical situation gets, in my opinion. Look at the daily chart. We had a nice bounce off of the .004's, and we ran, then we had a nice bounce off the .006's, then we ran. Each time creating higher highs and higher lows. The trend is up, and we are in the swale of the next wave. If recent history has any merit, we will climb slowly for some days and then punch a hole in the ceiling to $.045. If we don't, then I don't know what I'm talking about, lol.
I'm telling you, I emailed the company a couple days after receiving the proxy and basically told them my votes were up for grabs if they would provide me with solid reasons why I should vote yes. Crickets. I'm not convinced they want the vote to pass. I'm pretty sure they don't.
That sucks. I can't use it on my phone, I don't have the patience, lol. I did just resolve my issue though. I was hanging up on a TLS handshake, but I managed to clear it up by creating a new profile in firefox, defaulting to it, and migrating my data.
This news banner at the bottom of the page is jacking up my user experience. Severe click-pause and dead pointer spells.
This next leg to .045ish, by my estimate. The following leg moves more rapidly to .07ish, followed by a sharpening curve to a dime plus.
As long as things are moving forward, I'm willing to wait until tax loss season, lol.
Only the good posts die young. I'm going to go build a snowman before this foot of snow melts off. Hasta luego.
Actually, I've got some of their women, but I'm not giving them up no matter how many huts they burn. The way I see it, we're the raiders. They're the ones trying to climb back to the top of the hill.
Haha. I realized it could be said either way, but I was referring to the grid lines themselves, so I went with the inverse.
I should add that the visual part of what I'm saying is most important, especially as your eye becomes trained to identify patterns at a glance. Magnitude perception can cause you to pass something over in your screening process. As you advance, you'll start identifying levels of resistance and support. Aspect Ratio doesn't skew your values.
Book or not, it's still going to be trial by fire. Every time you brand yourself with a new ticker, you'll feel and act much wiser with the next trade. I haven't read any books on the subject in almost two decades, so I can't advise in that regard, maybe others can help. You will learn a lot from YouTube, these boards, good traders, and the internet in general. The key is to be diligent in your effort to learn. Spend the time, it's worth it. And bookmark everything that makes sense to you or is taught to you in a style that you identify with. You'll create a library this way, and I suggest you name each bookmark as you create it.
For everyone: I agree with others' comments about learning to read charts. However, most people leave out a small detail about charting that they don't even realize themselves: aspect ratio. This is a term you might associate with your television, monitor, or camera, but it is a little known key component of charting. You see, not all charts are built the same. If specific market timing is important to you, and it will become more important as you begin to pay for your investment 101 classes on the open market, you'll want to be sure that you're giving yourself the best entries, exits, and trend representations possible. When you start drawing on charts, you want to make sure you're using a dimensional table vs. a table built with incremental graduation. The difference between the two is simple; the dimensional table is constructed of equally sized increments, or boxes. That's the grid you see in the background that vertically represents timeline and horizontally represents price. If you look at that grid and see the increments (boxes) shrinking in size, you are not seeing a true representation of the candle layout, which means your lines are askew, meaning your timing is off or your perception of magnitude is off, depending upon the formation. This matters most with the daily chart, and in situations where you're looking at wide or tall formations.
That's my little contribution.
There's no legitimate answer to that question. Meaning there are few known values and many variables from which no calculation can be made. At least, not a reasonable one.