Friday, June 15, 2018 11:54:47 AM
people are scratching their heads wondering why this stock doesn't jump out of the gate after seemingly good news.
Anybody who owns this stock owns it with the intent to make money. That includes the debt holders who are taking a risk like anybody else. Put yourself in their shoes.
If you're in the business of loaning risky money , you want to make your money back amd then some relatively quickly so that you can do it again. If they dumped all their shares on to the market the price would drop so quickly that they would not be able to make money on the sale of the shares. So they slowly leak them out in the midst of a piece of good news here and there. So unsurprisingly, the stock has stayed relatively low neither going up much or down while these shares make their way into the market.
You can either wring your hands over these MMs or you can be thankful that they were there to make it possible for this company to survive and make these acquisitions.
As a retail investor, I see all this as normal market forces at work. The price of this stock is relatively stable considering the dilution. Once the dilution is over, I expect the PPS to rise moderately for a while. Then rnva will have to show that they can run these hospitals at a profit. Then this baby may run. I hope so because despite the inherent risk, I own the stock to make money too.
Recent RNVA News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/20/2024 08:15:22 PM
- Form SC 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 08/05/2024 08:15:29 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 12:46:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:15:33 PM
- Epazz, Inc. (OTC Pink: EPAZ) US Navy Collaboration with ZenaDrone • InvestorsHub NewsWire • 11/16/2023 12:32:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 08:40:35 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM