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watching for a breakout to 1.07/1.15 area....a quick move when resistance is broken...maybe by lunch or toward the end of day.....
190 million in annualized revenues in a short period of time....moving toward 300 million @ a buck a share...another huge winner imo....along with the institutional investors to move STAF along...i'm thrilled for sure...institutional investors are the strong arm that can propel 360 on ahead...if anyone is in a short position after the last few days then they could be hurting even worse today and beyond....we shall see when we enter the 1.25 area...with 190 million in annual revenues and pushing to increase that to 300 million is a lot of revenue you have to admit for a company trading @ 1.00 today
now i will tell you what i posted earlier....imo when rnn reaches .75 it is in the gravitational pull of 1.00....that is what i think....this stock can soar over 1.00 according to the news we receive anyday....now that is what i think...i fault no one for taking their profits...you know as well as i do these stocks build the price into their shares based on expectations and people try to get in early...you have no clue what this stock will do or can do since you cannot tell the future...s just lay off with the wise guy stuff.......but i do agree with you on one thing; the holidays may be bright this year....but actually april has aleady been great and i expect may and june may really heat up and that is long before christmas...as for rnn now. just watch where the support kicks in and reverses the sell off
hey wait, arent you the same guy that just posted this lol lol
The expectations and predictions of some
of the posters here are amusing -
like willing this stock to rise will make it so.
The facts are there are roughly 237,443,785 shares outstanding of which
approximately 99.6M are spoken for on any given day.
That leaves around 138 million shares in play.
This is a wonderful company with a huge potential,
but given the last financial report the it's not going to hit a buck on wishes and positive thoughts or even the forecast of XYZ&co.
There is not enough upside pressure with 138 million shares available and given the fundamentals anything beyond our current level will likely correct back - at least for a while.
There is a wealth of information at the top of this page.
This rascal will run when there is news - real news.
Until then the rationale should be the accumulate and/or hold.
and tell your friends about it.
And for Gawd's sake stop imagining it's going to rise on hope.
lol lol lol
cream let me say it this way...1.00 will go a long way in enabling RNN to finance continuing operations..my understanding is they are good right now and into 2018 so thats a strong positive for 2017
just have to take what the market gives us...and its looking good for buyers...i picked up some a moment ago and waiting to pick up some more...
did you guys grab some as it approached .62...wow, i was a buyer today...watch the support line
thats all a part of it and helps spur RNN on...they add liquidity for sure...but there is some institutions buying. plus when we enter these areas of increase in the pps there are those who drop off as you know only to buy back or others to fill the void..it isn't true no stocks go straight up..some do because of the buying until it reaches its potential vs the pps. i think the mid .70's is a spring board to 1.00 based entirely on expected good news. this is not lost on Rnn management...1.00 and higher is fuel (cash) for phase III trials....charts have nothing to do with a stock like RNN....but news and expectations do...so here is looking for that mid .70's and a few pcs of good news to get RNN to 1.00+...the above is imo
Stocks like RNN doesn't move according to a chart...These stocks move on upcoming news and expectations....Check back later and see for yourself....We had a brokerage initiate coverage on RNN with a position of 2.00 in line with expectations of good news for the mid year and 3rd qtr targets...Good luck
How could a person be disappointed?? ...This is just April 10th....I look for rnn to run to 1.00 ++ in the coming days...Get good news and be sorry you are not in..Look ahead to June not April 11th...With news we could go 1.50/1.75... I don't know but I certainly look forward to moving higher...Don't want to chase RNN...
Everybody has to work out their own strategy but for me it looks like go long until we get news....i am just afraid to wake up one morning and it be 1.25/1.50 and lose all that gain....thats just my feeling...and no one can blame someone who has made 100% for selling...or any gain for that matter...I just dont want to miss a huge move...
i can see good news (according to how good) to take us there now..between 1.00/1.25..........as i said we are now in the orbit of 1.00....other than good news its just a matter of who begins buying..there are junctures where people get out and then others get in..institutions are not ignorant...these guys get in early..I think we/they/them can now see 1.00 and higher...i think 1.00 can be a big pull on RNN now...its all about momentum...people do not like to see stocks taking off without them...every day that passes pressures the stock upward imo....I think RNN also knows that any good news will push the stock to 1.00 and over...I dont think that understanding within RNN goes without notice.....every morning I wake I hope to see good news or some other broker initiate coverage on RNN...I, like you, can't tell the future but that is our hopes I am sure
you can visualize the 1.00 mark now and so can others....congrats all...good news now and who knows how high we can go.....so i will just be waiting
Now as we work on .80 the 1.00 mark pulls on the stock...look at it as a gravitational pull once it gets in the 1.00 orbit....once the stock can break 1.00 I usually feel it could top out on that momentum at around 1.25...
the push through these barriers is like having a baby....you get momentum and push push push and break through .70 first......
it could get UNREAL..as i said the other day...this could be one of THOSE stocks....every new high we take out is a barrier broken as we move toward 1.00 in anticipation of good news....you want to buy the stock as the price is getting built in....there may be more brokers initiate coverage of RNN as we get nearer the data releases for RNN
its going to get interesting as each day passes...and the closer we are to 1.00 when good news hits the better....good news in the pre-market could get UNREAL...so happy to be here...
now watching to break through to the .70's as we attempt to push through the logical barrier of .69 area...good luck to us
The great thing about RNN is that they have multiple products with new data due out shortly...that should put a lot of upward pressure on RNN as the days go by..........
everyday that passed increases the pressure for people to get in before a big move...time is on the side of the buyer...any good news and we are off toward 1.00 or higher...just depends on where the pps is when good news comes out..
watching for the .69 then into the .70's
.69 last after hours trade....probably be in the .70's by the opening tomorrow....RNN has so much news coming out in the next few months that gives RNN a high probability of good news on 2 or 3 different drugs....a buy recommendation just came out with a 2.00 pps outlook...Its apprears to me some people are pouring a lot of money into RNN expecting a good run on news just as I do...RNN is a bio with a lot of room to run with the upcoming targets on their Phase II's....glad I picked this one up..
see if we break .70 today and hold
hoping to be looking at 1.65 pretty soon....1.00 could come pretty soon...
Rodman & Renshaw start RNN at a "buy" with a 2.00 price target....I agree
the sells came in at the start of the trading day...nbody blames them...there are some big buyers...we just had to test the HIGHER LOW in order to go to NEW HIGHS...people will buy in heavy as the opportunity presents itself
RNN knows any postive news will take us toward 1.00...I would not be surprised to see a news release shortly...anything positive will provide the reason to move us to that 1.00 or over mark....its my expectation...people will grab shares as they see the opportunity...we just never know when RNN will jump
Today will begin to find the new BASE for our next move...imo
And dont be surprised to see large pre-market moves.....RNN appears to be ONE OF THOSE biotech stocks...glad i am in
Don't be surprised to see 1.00...the pricing gets built in as the new data reports near.....
I certainly will not be surprised to see RNN over 1.00 if good news mid year.......RNN could be one of THOSE
RNN has info that is due out on some of their drugs mid 2017 as well as 3rd qtr....so as these dates near I expect the rise in the pps
Pricing is built on EXPECTATIONS....that is why it is important to get in on the ground floor....and from what I understand RNN has a pipeline that is building expectations....the price gets built into these stocks during the expectation period
Looks like RNN will be on peoples screens through the rest of the years and into 2018....and i suspect as each month passes the case for RNN will only grow in expectation....just watching as we approach the higher leg up
As more and more investors begin to buy as we approach those news dates I a looking for the next leg up from .50 to .75 area................as it stands now i look for a breakout higher toward .60 area
For now I would certainly take this with a grain of salt as the saying goes.....up until now as far as i know CAPC has not bought back one share of stock since they announced they would last year....not one share....but maybe they will mention it at the CC.....in the new press release they have actually bound themselves to nothing...absolutely nothing....and again if it is so positive why havent they bought back the shares...why tell something now about something that you just admitted may never ever ever ever happen....why...why...one would suspect they would use their authorized shares in an acquistion...oops there goes the dilution of shares again....unless they can some how get the price inflated.....but I havent seen them buying the shares in increase the shareholder value....now this release...what about financing....how would they do that....as I said before...those guys get paid a goooood salary every month regardless.....but what have you gotten....i got out is what I did....good luck to you guys....
Was that the same 80k as yesterday..
Mike I screen stocks looking for stocks on the move...when I see stocks with big percentage moves but little volume I move on...when I find stocks with a certain percentage move up with lots of volume I begin my research on the reasons why the move and previous volume and moves of the stock...volume and liquidity are key...capc has been around a long time and a lot of these penny traders know them...as i said the only volume to speak of along with an upward move was back in 2014....here is one thing that may happen with capc and this is the thing that made me decide to sell....the stock price could drop back to near .30 or even in the .20's and at that time maybe people will see some value in capc....that is when you can make some money...the venture group that still has millions of shares after the r/s are probably waiting to sell.....i could be very wrong but the price per share falling and becoming attractive to the penny traders may be the best thing to draw attention to this stock.....
When you have higher volume but the stock is trending down with the higher volume the price may be headed lower.....with that volume and the stock did not move higher may not be a good sign..........you need a group of investors to support the stock price...you need liquidity....here, finally you have a little volume but look at the stock price....maybe the picture will become clearer in the next couple weeks...............
Townie, my friend, i came to the conclusion that management is making a good salary every year so what do they have to lose.....i could be very wrong but i really like their bulbs and under cabinet lights but I didnt like the new bathroom stuff....looked like something out of the 50's and 60's......and the bluetooth...well i just dont know about that.....people either dont trust them because of previous years or they just do not like the space they are in......I just felt something did not add up here....