GREY:RNKLF - Post by User
Post by
hedgeron Dec 01, 2012 11:14am
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Post# 20670405
is RNX really a penny stock?
is RNX really a penny stock? do not feel so bad being in this losing long position, remember the insiders were buying heavily in the 60's in august and before that in the 90's. just have to fnd some $ to average down, usually not a good idea in general with "penny stocks" but in RNX's case a good strategy? i know one thing, would not be a "seller" at this level. after tax loss season and a fiscal cliff resolution there should be a more positve attitude on the buy side.