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RENN Fund Inc RCG

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.


NYSEAM:RCG - Post by User

Post by argon12on Dec 28, 2021 8:17pm
439 Views
Post# 34266364

RCG TRADING NEAR ALL TIME LOW

RCG TRADING NEAR ALL TIME LOWLeadership is weak.

The company can't even afford to pay a dividend because they pay executives and board members ridiculous size salaries and fee on a company with a mkt cap of $275 million.

The Richardson name meant something when old man George ran the show. Now it's controlled by the trust fund babies of the Richardson family and they leave the operations in charge to a over paid executive.
If they were smart they should pivot and look for a true entrepreneur to grow this business.

So sick of this $hit.

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