Walgreen's continues to be a drag on my portfolio.
Been bashing a junk penny, Rennova Health [RNVA}. Today it announced a reverse split... its third in the past year and 6th in 12 years! It was booted from the NASDAQ a few months ago and has a market cap of about $100,000.
Rennova actually owns a tiny hospital in Tennessee and claims it's buying a larger nearby hospital in a few months. Both hospitals are in rural Appalachia and lose tons of money.
On its last Q filing RNVA had about $40k in cash. Shareholder equity is negative $19 million. If you're in eastern Tennessee... stay well and drive carefully!
______________________________________________________________ Because the Good Life is Just a Pump or Two Away
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.