Regenicin Inc (RGIN)

[wags7820]

My take is this...for the last three to four weeks, it looks to me like the price is being floated in a particular range that is set. It is now .105-.1299. A few weeks ago I commented in was ranging at .086-.09. So there is a constant ask and bid at those numbers. The volume has obviously increased so I look at it not so much from price but the volume. Why is this happening? Is it good or bad? I really do not know. It seems to me someone or people are going through the trouble of keeping this range there has to be a reason. I think they do not want it shorted so thats why this is happening. The lack of news bothers me as well...I think its still a wait and see till after the new year. Let me qualify all this by saying Im just a novice investor looking at this like a puzzle and trying to figure it out. But the trends of what Im talking about are all there.