Hi Goofy-- I bought this stock as I do others in the income producing field for their income only and if they rise in share price , so much the better.I bought Renn at $14.59, it just gave me a dividend of $3080,and is now trading at $13.59 so thats the way it goes in this world of income stocks it seems.I would stay away from Renn but take a look at Ras again and Ahr which I have had for a long time and its been good.
i"m trying to decide to buy some of this issue. no, i don't follow RAS or RENN, but i'll take a quick look at them. you can see the tecnicals easily on askresearch.com, if you are familiar with that site. i select stochastic, wilder's rsi and macd. you can easily get prev 5 days, or look at a 1 yr chart. i put a 100day ema on a 1-yr chart=a good indicator of where a stock is going=bull or bear. regards, goofy ps: i have made other tech comments in the past on hcn, hrp and nhi boards. my favorite=hcn. i have put a ton of cash to that one. i'm up about $17k from my prev buys.