Replies to post #3564 on Rennova Health Inc (RNVA)

[Dina]

It means also nothing in .10-$2 otc stocks, I could show many which have nothing on paper but people like the story and buy even at dollars.

RNVA acquired a real hospital with potential $90m revenue and opened another one.
Only a fool would think market would ignore it when selling is done even if the hospital lost $2m in the past which is also meaningless because it could be different with a new management.

The selling with limited news is the only reason why it´s going down. With more news this would trade stronger and higher even with selling.

But it´s a real company, we get limited news and they filed the pre filing which then scared traders without any reason. There was not even a date or ratio in it.

Maybe market has to see that acquisition closes to recover.