Cash position now: Excellent, pipeline: Excellent, share price now: a bargain
I'd love to know a stock this low in price that has what RNN has going for it.
There could not be a better time to be buying RNN shares than right now.
A few bio-tech stocks and their history but there is a very long list of others that did this same thing:
JAZZ was 55 cents in April of 2009, now JAZZ is 92 dollars!!
KERX was 11 cents in March of 2009 and KERX hit 11 dollars last week.
CPRX, INO, IDRA were all 45 cents earlier this year and all 3 recently went above 2 dollars.
NONE of those that I have listed above did a reverse stock split, NONE.
All did stock offerings similar to what RNN has done to get into a great cash position to move forward, exactly what RNN has done.
Let other people know and put in HIGH sell orders this week and see what happens.