Eyes wide open and all I see is a "reach" for reason for RNN to correct after a nice move up.
I've seen shorts blamed, market makers blamed, wall street manipulation blamed, every time a stock retraces . Never any evidence!
Yet, when RNN rose, or many stocks for that matter, never heard credit given to the shorts covering,market makers manipulating, or wall street crooks moving the stock.As long as the stock rises, anything is ok. But when it falls, find some untoward activity to blame. Please!
With RNN it'll take patience and perhaps some more consolidation.
They're onto something good and so if I'm to hold, I'll have to believe they'll deliver.
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