Renuen Corp. (RENU)

[pennystockgenius]

Exactly, cautious optimism should be the attitude here....We are not in a position to be over confident and act like this is some form of guarantee....

CBIS fell from 0.14 to under a penny mostly because they didn't have any real news (just fluff PR's), but once they came out with a few legitimate PR's the price didn't take long to pop off....

In the case of RENU, it would not be a "Fluff PR" to simply release the pertinent information that is needed for most people to make an investment....

I told my colleague in Chicago about CBIS when I bought in at 0.012, but he said he wasn't sure about it and waited until they got legit news and bought in at 0.03 (and is still holding)....

After I told him about RENU he asked why they are classified as a Footwear company on TD Ameritrade and said he wants real news and verified details before buying in (implying that most of the legit investors would rather pay more for the stock once news/info is released, compared to waiting around for weeks/months to see some news)