The first moon mission failed due to technicals, but the mission is not lost. I've averaged down to 0.8, and i know many others have as well. RNVA will stabilize around 08-08.5 this week, before gradually surging up towards the quarterly report February 15th. The stock is currently valued to 0.9, while it's rated 3.0 (hold). EPS growth estimate for this year is set at 80.20%.
Upcoming news:
>Feb.2 -RNVA files An 8-K Entry into a Material Definitive Agreement.
https://marketexclusive.com/rennova-health-inc-nasdaqrnva-files-an-8-k-entry-into-a-material-definitive-agreement-2/70593/
>Feb.15 Quarterly Report.
Preliminary Unaudited Second Quarter Fiscal 2017 Financial Results:
>Revenue in the range of $153.5 million to $154.0 million, at the high end of the prior guidance of $146 million to $154 million provided on November 1, 2016.
>GAAP gross margin of approximately 39.5% and non-GAAP gross margin of approximately 40%, above the prior non-GAAP guidance of 33% to 36%. Non-GAAP gross margin excludes the effect of approximately $0.5 million of stock-based compensation.
>GAAP operating income of approximately $33 million and non-GAAP operating income of approximately $36 million, above the prior non-GAAP guidance of $22 million to $26 million. Non-GAAP operating income excludes $2.6 million of stock-based compensation and $0.2 million of amortization of other intangible assets.
Hope so famalam. I've got $2k averaging .84.
Seems like a lot of people are watching it.
TOO BIG TO FAIL
>tfw bought $5000 worth at .12
>>1765940
Damn bro. Bought 1000 at 0.099 wondering if I should just look to get off at 0.10 or keep waiting for a bigger pop.
>>1765940
Same but bought in at 10 cents.
I really hope /biz/ is right. You guys won big for me on DRAM. Let's do it again babys!
Just by a show of hands, which of you bagholders has actually looked at their financials?
>>1765950
I have and they are using their cashflow to buy of debt, before launching the hospital into operation. I'll hold to Q2-3 at least.
https://marketexclusive.com/rennova-health-inc-nasdaqrnva-files-an-8-k-entry-into-a-material-definitive-agreement-2/70593/
>>1765950
>didn't read the first post
>implying
Go be poor somewhere else
Major RS is coming and you know it. 1 to 30, watch.
>>1765964
>Implying RS would be bad for this company.
People always bring up the RS, but if im holding 9000 shares ill just hold less shares at a higher price, right? How will that make me more money?
RS would stabilize the stock volumes and remove the shorts and scalpers. A REVERSE split is a good sign.
Why don't you wealthlets ask DRYS bagholders how RS has worked for them. :^)
Why does their chart look like this? It's like there's only 5 trades for the day..
>>1765985
>DRYS, a near bankrupt Greek shipping company floating in this market.