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Re: bud_fox post# 2372

Saturday, 03/15/2014 10:03:30 AM

Saturday, March 15, 2014 10:03:30 AM

Post# of 3898
Helpful tip #3.
Just because American bulls says that RNN is a stay in cash position it is certainly not a bad thing. Don't for a minute question your judgment to be in RNN. The charts tell the story of the DAILY behavior's of the trader and trader sentiment not the long term sentiment. The charts change daily so watch them closely. Buying volume may increase setting a bullish sentiment and the next day it may be confirmed and the buy signal turns back on. I truly believe in RNN and just waiting for the confirmation to get back in. When I do, I will be in huge buying 10,000 shares. We need some positive phase trial info and a partnership or something to bring the bulls back in. It is a great long term investment. If you are not a trader, don't worry about the daily price fluctuations. You could buy it today and look at it a year from now and it may be $5 bucks or higher. There is a good management team with tons of experience and a deep pipeline. Initial phase testing is promising and they are not a one drug company so if one fails there are still many others that may be approved.