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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...
may sell short stocks, exchange traded funds and exchange traded notes. It invests in various sectors, including aerospace and defense; communication services; marine shipping; metal mining; medicinal chemicals and botanical products; oil and gas; other financial investment activities; real estate; securities and commodity exchanges; technology services; surgical and medical instruments and apparatus, and securities, commodity contracts and other financial investments and related activities. Horizon Kinetics Asset Management LLC is the investment advisor of the Fund.
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Bullboard (NYSEAM:RCG)
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(243)
•••
astutein
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Post by
astutein
on 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.
(2)
•••
RobiTrader
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Comment by
RobiTrader
on Mar 19, 2021 12:24pm
RE:Smoke but no Fire?
Absolutely correct
(5)
•••
RetailRube
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Post by
RetailRube
on 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
(2)
•••
RobiTrader
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Comment by
RobiTrader
on 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
(2)
•••
RobiTrader
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Comment by
RobiTrader
on 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
(243)
•••
astutein
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Post by
astutein
on Feb 09, 2021 6:32pm
Heading to $ 2.42
Sam Conservative valuation at commencement of RF Capital Group. Message?
(15)
•••
SamRothstein
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Comment by
SamRothstein
on 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
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(243)
•••
astutein
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Post by
astutein
on 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
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(15)
•••
SamRothstein
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Comment by
SamRothstein
on Jan 13, 2021 6:43pm
RE:Assets under administrtion rises by 2.1 billion
I'l be happy if they hit $2 :)
(243)
•••
astutein
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Post by
astutein
on 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
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(243)
•••
astutein
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Comment by
astutein
on 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
(2)
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AncasterMike
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Comment by
AncasterMike
on Dec 29, 2020 12:18pm
RE:Dividend
The dividend was suspended.
(15)
•••
SamRothstein
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Comment by
SamRothstein
on 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
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(243)
•••
astutein
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Post by
astutein
on 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
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(243)
•••
astutein
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Comment by
astutein
on 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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