Rennova Health Inc (RNVA)

[andrius]

true it traded those levels with less shares due to selling pressure from endless dilution. There is no more dilution so that selling pressure is gone. Instead of endless shares being sold day after day you now have a stock trending higher. People that bought lows are taking some profit and are replaced by new holders with smaller shares at higher prices. Also with nice chart and prices going higher there are a lot more willing buyers jumping on the momentum. Its completely different stock.

You remember that DCTH run when dilution ended? Did it matter that there were tons of shares and co was total pos? Did it matter that they had RS on horizon? Some made 10x 20x 30x their money. Even biggest pos stocks have their day. Just need a catalyst(dilution over) and a nice chart that can catch momentum.