RE: bigbank @blondeBond - you're right about the 3 new directors... these aren't sleazy backroom dealers. My mother actually went to school with Pinder, and anyone from Saskatchewan will recognize the Pinder name from their extensive drugstore chain that was eventually sold to Shoppers Drugmart. These directors have a history in profitably overseeing large portfolios of assets, so I'm willing to wait and see what they can do with Renegade.
As for the future of Renegade and stockprice volatility, whether there are hidden problems with Renegade of which retailer investors are not aware - the reality is who can say for sure ¯\(°_°)/¯ . To date, I've only bought a half-position at $1.19, but I'm watching and waiting for the next move.
As a side note, with a strategic review in place, I imagine that insiders would not be allowed to buy or sell; so I'd ignore all this flap about the lack of insider activity, as it's most likely just noise coming from daytraders looking to drum up activity (up/down) from nervous retail investors.
As for BNN, I never trust the analysts on that show. The revenue model for BNN is such that analysts and portfolio managers come on to that show, pump up their services in exchange for the free advertising for their firm, in the hope that they score a few wealthy retired folks as clients. In return, BNN gets to air a program and generate advertising revenue for itself. These analysts come onto the show, pump up a stock, and then sell it the next week. Three months later, they come onto the show, diss a stock, advise that it's a sell, and then turnaround the following week and start accumulating it. How anyone can honestly rely on these guys is a mystery to me!
Still on this rollercoaster ride, in the dark, and waiting for the next move... up or down.
Cheers
C