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To: zax who wrote (12428)4/24/2012 1:11:21 PM
From: Lahcim Leinad  Respond to of 13403
 
Over 70% of outstanding shares of RENN shorted as of 3/31.
For a reason, with which I agree.

StockCharts.com - Free Charts - Text P&F Chart

I'll get back in as soon as the chart tells me to do so.

Not in a downtrend. Ever!

Best trading to all!



To: zax who wrote (12428)4/25/2012 3:18:20 PM
From: Lahcim Leinad  Read Replies (1) | Respond to of 13403
 
RENN bo 1600 @6.87
StockCharts.com - Free Charts - Text P&F Chart

$6.30 now.

Not yet time to buy back in, as far as my PF is concerned.

I need to see the resumption of stage two uptrend first, as Stan Weinstein might say.

If/when it bounces up off the 50 and 200 MA, I definitely will go long here again: