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/biz/ - Business & Finance

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1765915 No.1765915 [Reply] [Original]

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.

>> No.1765937

Hope so famalam. I've got $2k averaging .84.

Seems like a lot of people are watching it.

TOO BIG TO FAIL

>> No.1765940
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1765940

>tfw bought $5000 worth at .12

>> No.1765941

>>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.

>> No.1765945

>>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!

>> No.1765949

>>1765940
Try to average down now as it's low. It will definitely rise again.

>>1765941
>>1765945
It's been over 0.10 just recently. This is a medium-long hold if you want profit. I predict high volumes tommorow from more people buying in.

>> No.1765950

Just by a show of hands, which of you bagholders has actually looked at their financials?

>> No.1765951

>>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/

>> No.1765956

>>1765950
>didn't read the first post
>implying

Go be poor somewhere else

>> No.1765964
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1765964

Major RS is coming and you know it. 1 to 30, watch.

>> No.1765971

>>1765964
>Implying RS would be bad for this company.

>> No.1765973

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?

>> No.1765983

RS would stabilize the stock volumes and remove the shorts and scalpers. A REVERSE split is a good sign.

>> No.1765985

Why don't you wealthlets ask DRYS bagholders how RS has worked for them. :^)

>> No.1765991
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1765991

Why does their chart look like this? It's like there's only 5 trades for the day..

>> No.1765992
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1765992

>>1765985
>DRYS, a near bankrupt Greek shipping company floating in this market.