Replies to post #80864 on Rennova Health Inc (RNVA)

[la_trader]

ahhh patience....the secret sauce of da sewers ;-)

[Bidsmaker1]

Just curious. Why would your investment strategy be to buy no bids that after many years are still no bids?
The maximum write off on incurred losses on a yearly basis even with loss carry forward makes only minimal tax basis differences?

The likelihood that any no bid company will ever come back is so small that I just fail to understand how this might be considered by anyone as an investment strategy? Wouldn’t it be better to buy CEFs trading at a discounted NAV that are paying 5% dividends or a mortgage REIT paying a dividend?

Maybe I am missing something here. Love to understand your strategy of buying and holding? No bids

[Devils lettuce]

Well I hope your right because I still have my shares. Best of luck to anyone still holding those bags could be worth alot in the months to come.

If you sold at least you walked away with something. Maybe a lose but something better then nothing.