Rennova Health Inc (RNVA)

[andrius]

Same DCTH this stock was listed and failed to meet listing requirements. Dilution is also almost same exact story. DCTH was cash strapped and had note holder that was owed tons of money with maxed out OS. Was only a matter of time before RS and dilution resumed. In a window before RS stock ran up 2,500%. That note holder is still selling a year later now. So even if RS happens or AS gets increased here its still same set-up. What happens down the line is irrelevant, what matters is no more dilution and stock with super beat chart catching momentum. When people start chasing with big $ valuations and fundamentals don't matter much.

So maybe different stock but identical set-up. Not saying this will run 2,500% like DCTH but looking at chart it would be highly surprising if this didn't hit at least .05. Also technicals are great. All short term MAs bullish. First close over 50dma in over a year. Stock breaking out of consolidation after last run that finished dilution. Breaking out on high volume after decreasing volume during consolidation. Also most of the indicators are bullish too. Given above I'll be buying good dips aggressively. My only regret is not buying enough of this .0115 and .012s, got starter position only.
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PS institutional holders? holding stock that was just sub penny? LMAO