Marking TimeI am not sure what impact this Streetsweeper blog has had on the stock. If you go to their website and read the writeup on Renovacare it characterizes management as crooks in the midst of a pump and dump and says they are looking to dump 4 million share make a $30+ million profit. It is all bogus supported by other losers on the internet supporting them to give them credibility. Unfortunately, many believe this drivel as they are looking to drive down the stock and sell short.
This all may account for the sluggish trading lately. I doubt we will break out of this range until RCAR tenders their FDA application. They have taken far to long to accomplish this which gives rise to these bozos, the short sellers and it enboldens them.
I hope management now have the message to speed it up and get it done.