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Bullboard - Stock Discussion Forum RENN Fund Inc RCG

Financial Services Asset Management
RENN Fund, Inc. (the Fund) is a registered, non-diversified, closed-end management investment company. The investment objective of the Fund is to provide shareholders with above-market rates of return through capital appreciation and income by investment process that invests in a variety of financial instruments, including common stocks, fixed income and other instruments. In addition, the Fund... see more

Bullboard (NYSEAM:RCG)

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Post by astuteinon Mar 19, 2021 6:41pm

management has work to do

Tojustify faith of shareholders management must start to show the promise made to sh's and return to the $2.42 estimate on commencement of RCG.
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Comment by RobiTraderon Mar 19, 2021 12:24pm

RE:Smoke but no Fire?

Absolutely correct
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Discussion
Post by RetailRubeon Mar 18, 2021 9:32pm

Smoke but no Fire?

I just had my Shaw taken over by Rogers at a 69% premium to undisturbed market.  If you want a family who has a strangle-hold on the company to say yes to your offer, you have to PAY UP.  It ...more  
347
Discussion
Comment by RobiTraderon Mar 17, 2021 8:16pm

RE:RE:Heading to $ 2.42

This will be a steady run up to around $2.50, a pretty quick and easy 20 - 25% from here - with the possibility of larger offers coming in. Not as exciting as all the stonk action lately; but, a good ...more  
203
Discussion
Comment by RobiTraderon Mar 15, 2021 8:27pm

RE:Heading to $ 2.42

Nobody here talking about the Cannacord offer today? $2.30, higher offers in the pipeline?? I'm surprised we only closed at $1.95 with news like this. Oh well, better than no news and wasn't ...more  
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Discussion
Post by astuteinon Feb 09, 2021 6:32pm

Heading to $ 2.42

Sam    Conservative valuation at commencement of  RF Capital Group. Message?
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Discussion
Comment by SamRothsteinon Feb 01, 2021 3:23pm

RE:valution ridiculous? Way undervalued?

I believe it is just more selling from people that bought in really low from March to July.  They got a lot of their shares bought in tender but they are selling the rest which is keeping ...more  
213
Discussion
Post by astuteinon Jan 22, 2021 10:10pm

valution ridiculous? Way undervalued?

Can any one provide explanation.? When RCGwas established expert  valuators put a conservative value of$ 425,699 for 100% of GMP Richardson.  175,909,000  shares at $ 2.42) Now ...more  
367
Discussion
Post by astuteinon Jan 05, 2021 11:17am

Assets under administrtion rises by 2.1 billion

At time of issue rcg was valued conservatively at $ 2,42, Since time of issue assets under administration has gone up from 28.2 billion to 30.3 billion as reported monthly by company.   2 ...more  
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Discussion
Comment by astuteinon Dec 30, 2020 3:36pm

RE:RE:rise to $ $ 2.42

Sam  Forget our $ 2.00 figure.  It is going to $ .242 shortly.   Stock was up today by 6cents to $1.83 on low volume. Selling is over and stock going higher.  I will report ...more  
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Discussion
Comment by AncasterMikeon Dec 29, 2020 12:18pm

RE:Dividend

The dividend was suspended.
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Discussion
Comment by SamRothsteinon Dec 22, 2020 8:02pm

RE:rise to $ $ 2.42

Astutein,  Yes I am still in.   I do think stock will get back to $2.00.  Not counting profit I made on the sale of shares in tender at $2.42, my remaining shares have a cost base ...more  
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Discussion
Post by astuteinon Dec 22, 2020 6:22pm

rise to $ $ 2.42

Sam Are you still in and following progress of new GMP - RF capital group.   I invested back my proceeds of $ 2.42 at $ 1.61 and now $ 1.70. Shares of new RF Capital were value ...more  
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Discussion
Comment by astuteinon Dec 20, 2020 1:34pm

RE:1.63 good value entry

Could we get some shareholder comments on rise to $ 2.42?
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Discussion
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