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Re: jay_tee post# 147198

Thursday, 07/06/2023 9:19:37 AM

Thursday, July 06, 2023 9:19:37 AM

Post# of 176075
If you are right that the below .0001 exchanges are conversion related, the institutional creditor/investor must be experiencing quite a liquidity crisis (meaning they must sell at any price). I haven't scoured through the schedules to say you are wrong or right about those trades being conversion related, but if so, I'm delighted to see the debt removed from the balance sheet so cheaply. You are, however, right that patterned street trading won't initiate a breakout. It rarely does when it comes to 000s.

That said, RNVA bears all the signs of an inevitable breakout. The smart money "privy to more info" moves when it's ready. At some point, as many as half the common shares will change hands over a short period of time on volume at a scale with that seen in October. That's my prediction. I wish I could say when exactly, but I know major improvements in the P/L in recent quarters have brought us closer to that date.
Bullish
Bullish
Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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