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Public 3SOF Boards => Penny Stock Picking => Topic started by: gmarc66 on July 19, 2005, 12:11:55 PM

Title: RNVO-nearly doubled itself today
Post by: gmarc66 on July 19, 2005, 12:11:55 PM
RNVO is at it again...i watched it drop yesterday briefly to .0003, but, didn't have enough money available for it...and today did a nice runup..wonder if there is a little more in it to move up?

julia
Title: Re: RNVO-nearly doubled itself today
Post by: puenthouse on July 19, 2005, 12:55:08 PM
this is a gamble, this is were you lose half or you make double. 
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on July 19, 2005, 01:02:46 PM
very true puenthouse....but if u see it go to .0003 again...which it has been doing for a good while now..then maybe consider picking some up, and hold for a few weeks or so...seems to always move up eventually.

take care,
julia
Title: Re: RNVO-nearly doubled itself today
Post by: saffeysite1 on July 19, 2005, 01:07:30 PM
That's how you play pennies.  I was [email protected] a week ago.  made 100% profit today.
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on July 19, 2005, 01:16:10 PM
right on saffeysite1! yup, thats how u have to do it..i should have done it too.. Imissed the boat. Good for you!

julia
Title: Re: RNVO-nearly doubled itself today
Post by: Pete on July 29, 2005, 05:12:36 PM
Has anyone seen what happened to RNVO. It was on fire big way. Man O Man why Didn't I buy more.   ???
http://stockcharts.com/def/servlet/SC.web?c=rnvo,uu[w,a]daclyyay[db][pc9!c20!f][vc60][iut!Ub14!Lg]&pref=G
I am glad I bought some though. ;D ;D ;D

Applaud big time gmarc66.

P
Title: Re: RNVO-nearly doubled itself today
Post by: Pete on July 29, 2005, 05:17:01 PM
Quote from: puenthouse on July 19, 2005, 12:55:08 PM
this is a gamble, this is were you lose half or you make double. 

Double??? We made out like a bunch of bandits today. ;D  Hope it keeps up for few more sessions next week.  ;)

Got a shock (pleasent) when I saw my portfolio. :o
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on July 29, 2005, 05:51:40 PM
Hey Pete,

Well, RNVO did go up if u got in at .0004...but, it went to a high of .0007...not .006 ...as i have a feeling someone put in the wrong amount..was supposed to be .0006.
However, could go higher...about a month or so ago it did go up to about .0011, but i'd be careful with this stock..you're safe if you get out at .0006, as it generally sees that price once in awhile..its doesn't often go beyond that....just letting u know that it gets tight after that.

However, a friend of mine....stoked6...made a correlation somewhere that its price action and volume movement correlates with hurricaines...and there have been hurricaines lately.

That was actually what he noticed when it jumped to .0011.  I kept asking him where he got that information from and he said he read somewhere and couldn't find it again....so, this is just for now a 'rumour' i guess.

So, i suggest u don't hang on to it too long..secure yourself some profits...its good for a quick flip..don't want to see you lose on it.

Now because i said that..watch it skyrocket!! ;D

I didn't get a chance to pick any up, i kept trying to get in at .0003 and it wouldn't take...so i missed what could have been a 50% gain...oh well...maybe next time.

take care and have a great weekend.

julia :D
Title: Re: RNVO-nearly doubled itself today
Post by: Pete on July 29, 2005, 06:13:53 PM
Julia,
Now I am confused. I looked into my account (Ameritrade) just now and it shows RNVO closed at .006 a gain of 1400%. So I got excited all for nothing >:(  No wonder no one else went berserk (sp??) like me. Any way some gain is better than no gain.

Looking at the bright side..... my heart got a good exercise today, looking at .006.

Thanks for your advice and you have a nice weekend.

pete


Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on July 29, 2005, 09:56:53 PM
Ya...too bad it really wasnt' at 1400% gain!! I can imagine how excited u must of been when u saw that.  I figured you must have assumed that...don't know why they left tahat in..usually they correct it.   Well, looks like some unfortunate soul may have actually bought the stock at that price of .006 instead of .0006...hmmm...can u image the heart attack that person must have had...gotta be careful with those 0's.

Well...SSTY.pk went up %425 today...unfortunately i got in late in the day at .0055 .but, may continue to run some on monday. Read the posts on it. 

Take care, good luck on all ur other trades.

julia ;D
Title: Re: RNVO-nearly doubled itself today
Post by: basonista on July 29, 2005, 10:29:15 PM
Actually, the OTCBB site has it closing at .006 also  ???

http://www.otcbb.com/

Maybe someone can explain this to me also.

I was watching the IVOC chart today and someone bought at .001 when the ask was at .0001.  I all of a sudden had around $5000 worth of IVOC stock! Alas, it wasn't to be...

Does that mean that someone put in .001 by mistake when they really wanted to put in .0001?  That's a helluva expensive mistake if so  :o
Title: Re: RNVO-nearly doubled itself today
Post by: evgeny05 on August 23, 2005, 04:12:29 AM
Hello !

RNVO - TA

(http://)(//)

Regards.
Evgeny.
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 10:00:28 AM
RNOV running today..not sure why....did the same yesterday.

julia
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 11:18:42 AM

THe price increase seems to be due to 120$K insider buy!!


http://www.secform4.com/insider/showhistory.php?cik=1143451

so perhaps something is up.

julia
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 01:21:14 PM
Up over 170% today and moving.

Got in at .002.

Anyone else in at all?

thanks very much,

julia
Title: Re: RNVO-nearly doubled itself today
Post by: setravis on September 07, 2005, 02:05:57 PM
Quote from: gmarc66 on September 07, 2005, 01:21:14 PM
Up over 170% today and moving.

Got in at .002.

Anyone else in at all?

thanks very much,

julia

Applaud Julia.......Make some $$$$$
I'm not on this boat.....But ...go ...go...go... ;)
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 02:11:26 PM
THanks so much Setravis!!!
I needed a win desperately...too bad i was only able to buy 200k shares...but, hey...its almost doubled...can't complain ;D

I ended up buying BUGS too late yesterday at .048...so if i end up losing on that...then i can cover the loss with my wins...breaking even!  I have no idea where to exist here..how high is this thing going?!  Maybe i will just sell half to cover myself..see what happens.

Geez, too bad you didn't get in...for once I could have made you some money....still would love to pay you back for all your great winners!!!

hope all your trades are going amazingly..i know they are :D

thanks very much,

julia
Title: Re: RNVO-nearly doubled itself today
Post by: doyerdiligence on September 07, 2005, 02:44:19 PM
yup i have shares from .0007
altho i only have half of these shares left.... ;)
Title: Re: RNVO-nearly doubled itself today
Post by: ssubirias3 on September 07, 2005, 02:50:19 PM
I got into RNVO this morning at .0021 after watching it rocket up this morning from .0011.  The reason I bought was the President (Stephen Carnes) bought a hugh number of shares yesterday.  The last time he did this, the stock went up. Guess he knows something and the press about Katrina might be helping the cause.  

From a TA point of view, how much more can this thing go up?  Right now its pushing .0055 (up 400% for the day).  
Title: Re: RNVO-nearly doubled itself today
Post by: Ouch!!! on September 07, 2005, 03:07:22 PM
Kick some butt, guys.

Congrats!!!
Title: Re: RNVO-nearly doubled itself today
Post by: Loffigus on September 07, 2005, 03:20:09 PM
Wow, what a gain -- don't get too greedy, that's an awfully steep climb.  >:D
Title: Re: RNVO-nearly doubled itself today
Post by: nofear on September 07, 2005, 03:33:36 PM

I have no words !  :o :o :o :o :o :o :o :o :o
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 05:22:49 PM
Well...RNVO offers restoration and disaster relief servcies.

there website:

http://www.renovoholdings.com/


Here are some sec filing reports..i have absolutely no understanding of this stuff..but if you would like to take a look:

http://www.sec.gov/cgi-bin/browse-edgar?company=renovo+holdings&CIK=&filenum=&State=&SIC=&owner=include&action=getcompany

Looks like they have some business coming there way...hence the large insider buy.

May still be a great day tomorrow.

Any advice or opinions on price?

thanks very much, ;D

julia ;D ;D ;D
Title: Re: RNVO-nearly doubled itself today
Post by: runforthedoor on September 07, 2005, 05:47:26 PM

  HI Julia...I thought about getting in this about 400% ago  :'( but I didn't know about the inside buy and was lerry of buying a top. I have since heard of the inside buy and that people are expecting good news to follow, especially with the sector it's in. So, if I were you and already up ALOT!!!  ::) I'd just watch it closely, determine how much profit you are willing give up if it starts to pull back, and run for the door if it falls to your profit objective. I watched it fly today, and it would occaisionally fall back a bit before it continued the climb. And with the anticipation of great news pending, it just may keep running to who knows where. That's my 2 pennies worth.  ;D I'd say you bought this one just a little before the top  ::) Hope it keeps running for you.  ;D
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 05:56:11 PM
Thanks for your advice runforthedoor :)


Yes, i already sold half at .0053 and you're right, i want to maximize my profits...and make sure i get them...so i will see how the morning goes...and possibly get rid of it all..or buy more...we'll see.

But, thanks for making sure I remember that sometimes you just got to let go and not hold out for more...been there..done that....tooooo many times...ended up with a loss or barely anything at all...waste of time in the end.

Well...perhaps it will still look good enough for you tomorrow...i just thinking about nnnc...i know, i know...all stocks are different...but, for 3 days..it just kept running...hopefully RNVO will follow the same route..praying for that actually ;D

good luck to you if you do decide to get in ;)

julia
Title: Re: RNVO-nearly doubled itself today
Post by: setravis on September 07, 2005, 08:16:19 PM
Julia,
Wow...Wow...Wow.. :o :o :o
I had to step out of my office for the afternoon,and when I got back and saw this!!!
I'm speechless ;D ;D ;D
I will have to give you more applaud.
I could have made a buy on this when I posted the first chart earlier,That's the way some
things go.
Very happy for you,a nice job ;) You made a nice % gainer...Congratulations!!

APPLAUD.........................................
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 07, 2005, 08:55:59 PM
Ahhh....Thanks Setravis! ;D

You can never tell sometimes how much these stocks are going to take off in a matter of hours...trust me...if I knew it was going to go hysterical today I would have bought alot more...i would have sold all the losers I'm holding and stocked up on RNVO today...if only we knew ;)

But, it could react like NNNC did...who knows?!

So, keep ur eye on it tomorrow...perhaps we could see  further gains as well...it is hurricaine related and the insider buy is very positive...right?

anyway, thank you!! :D

julia



Title: Re: RNVO-nearly doubled itself today
Post by: ssubirias3 on September 07, 2005, 10:01:07 PM
Quote from: Loffigus on September 07, 2005, 03:20:09 PM
Wow, what a gain -- don't get too greedy, that's an awfully steep climb.  >:D

Too true Loffigus, too true!  I've been burned too many times by greed, that's why I cashed in all the shares I picked up this morning.

Good luck to you in the morning Julia, hopefully it will blast past the .0086 mark it reached today.
Title: Re: RNVO-nearly doubled itself today
Post by: In_Arrears on September 08, 2005, 08:00:52 AM
From another board:

Here is a nice piece of info I found....

READ THIS...Here is the CEO's employment agreement. I'd say he has quite an incentive to merge something into this company, wouldn't you? LOL. This pup is about to rock and roll.

Spider


COMPENSATION OF DIRECTORS



All directors will be reimbursed for expenses incurred in attending
Board of Directors' meetings. We did not issue any shares of common stock as
compensation to any director in 2003.



EMPLOYMENT AGREEMENT WITH STEPHEN W. CARNES



On September 3, 2003, we entered into an Employment Agreement with
Stephen W. Carnes, wherein Mr. Carnes agreed to serve as the Chairman of the
Board, President and Chief Executive Officer of the Company. The term of the
Agreement is for a period of three years, it commenced on August 1, 2003 and
will expire on July 31, 2006. We agreed to pay Mr. Carnes a salary at an annual
rate equal to the sum of $250,000. A bonus in the amount of $500,000 will be
paid to Mr. Carnes upon successfully completing the opening or
merger/acquisition of our first operating business unit. A bonus of $250,000
will be compensated to Mr. Carnes for each additional merger and/or acquisition
and/or business unit start-up Mr. Carnes brings to the Company. Mr. Carnes will
receive an automobile allowance of $700 per month. Mr. Carnes agreed to accrue
such portions of his salary as deemed relevant by the board of directors until
such time as the Company is adequately capitalized and able to pay such salary.



24





DESCRIPTION OF PROPERTY




We do not own any office space or facilities. We lease our offices,
which are located at 1111 North Orlando Avenue, Winter Park, Florida 32789.
Signature Leisure, Inc. provides these offices to us on a month-to-month basis.
The CEO of Signature Leisure is Stephen Carnes, the CEO of Renovo. The
facilities are minimal in space, and are considered temporary until such time as
we begin to acquire additional company's to merge with as described in our Plan
of Operation. In the future we anticipate requiring additional office space and
additional personnel; however it is unknown at this time how much space or how
many individuals will be required.
Title: Re: RNVO-nearly doubled itself today
Post by: In_Arrears on September 08, 2005, 08:02:23 AM
Hearing RNVO - Up 150% in Berlin this morning, has reached Pennyland!!!!!!!
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 08, 2005, 08:12:51 AM
Is there a site we can go to, to see the prices for RNVO going on right now in Berlin?

If not ,can anyone here see what is going on with RNVO there?


thanks...just want to make sure i know what to do on opening bell.


julia

good luck
Title: Re: RNVO-nearly doubled itself today
Post by: ssubirias3 on September 08, 2005, 11:09:04 AM
Quote from: In_Arrears on September 08, 2005, 08:02:23 AM
Hearing RNVO - Up 150% in Berlin this morning, has reached Pennyland!!!!!!!

Now this doesn't make alot of sense to me???  The stock closed 9/7/05 around .0070 and over night it shot up to .0500???  Then the US markets show the stock opened at .0070 and had dropped to a low of .0032.  Did the stock really rocket up to .05 then back down to .0070 overnight?

Regardless, I couldn't help myself; I'm back in at .0036.  Julia, lets hope for another run like yesterday!!
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 08, 2005, 06:58:32 PM
Well...that was disappointing....a flash in the pan....yesterday was its big moment it appears.

With this being a hurricaine play and then with the large insider buy, wouldn't one assume it would have a little more stamina than just a one day explosion?..although it did have a two day rise. I expected a good dip, but not a continued drop as was seen here today.

Hope no one got stuck holding the bag.

Next time...a stock rises 500% in one day...i think i'll just sell it asap...and enjoy the quick ride.

Ok...ready for the next one...anyone have anything exciting? ;D

hope everyone did well today,

julia
Title: Re: RNVO-nearly doubled itself today
Post by: runforthedoor on September 08, 2005, 08:35:10 PM

  Actually, a 60% pullback after a rise of over 500% the day before isn't much of a pullback. I watched it some and thought it might give up alot more, but it held ground very well considering the 500% plus move. I'm not in it and am only watching at this point...just two pennies worth from my observation.  ;D
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 08, 2005, 09:32:39 PM
Yes, you are probably right runforthdoor. It was just very dramatic.

I would like to see how it reacts tomorrow. 

Good learning lesson to watch how erratic pennies can be.

thanks for your imput. :D

julia
Title: Re: RNVO-nearly doubled itself today
Post by: ssubirias3 on September 09, 2005, 12:21:40 PM
Quote from: runforthedoor on September 08, 2005, 08:35:10 PM

Actually, a 60% pullback after a rise of over 500% the day before isn't much of a pullback. I watched it some and thought it might give up alot more, but it held ground very well considering the 500% plus move. I'm not in it and am only watching at this point...just two pennies worth from my observation. ;D

Hi Runforthedoor, looks like the stock is proving you right.  Its up 51% this morning with 61million shares traded!  Hopefully RNVO will run like it did two days ago!!!  Anyone else in this with Julia and me???
Title: Re: RNVO-nearly doubled itself today
Post by: runforthedoor on September 09, 2005, 12:36:42 PM

  Not in but watching it run up again on big volume...up 70% now....whoops..80% before I could type this sentence.  ;D You are on a good gain here....with the previous few days run, I'd be watching for a possible reversal and make sure you get out with a profit. You have a good trade going... ;D
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 09, 2005, 01:32:21 PM
Hey Runforthedoor...good call!!!
;D


Hey Ssubirias3....I sold my remaining shares at .0049 today...again...my platform is too slow...tried to go in and change it, but was too late...could of got at least .006...but, its ok..i think there is potential for alot of pullback plays on this one.

Good luck..hope u clean up with it!!! ;D

Did you guys notice VLPI today...up over 480%...i may get in next week on a pullback.

Anyway...good luck to anyone else holding

thanks
julia


Title: Re: RNVO-nearly doubled itself today
Post by: setravis on September 12, 2005, 02:37:27 PM
maybe....maybe not.....hmmmmmmmm ???
Title: Re: RNVO-nearly doubled itself today
Post by: Ouch!!! on September 14, 2005, 05:52:21 PM
Hi everybody!

Did someone take a 5-min intraday chart on RNVO the day it went wild on September 7.
If it's not much trouble, please post the chart here, will appreciate it very much.

Thanks!
Title: Re: RNVO-nearly doubled itself today
Post by: gmarc66 on September 14, 2005, 07:50:26 PM
Sorry Ouch, can't help u with charts..i don't do those either :D

But, I do have another question for Setravis!

On another board someone mentioned that RNVO appears to be approaching the Golden Cross, which I have seen you bring up on other stocks and is a very bullish sign.  Do you agree that is looking prime for that?

What is a good re-entry price for RNVO if you agree with this?

And, just to clarify; a golden cross signifies a new upward trend with new highs?

thanks so much,

giulia ;D

Title: Re: RNVO-nearly doubled itself today
Post by: ssubirias3 on September 30, 2005, 08:41:01 AM
Yesterday I get a tip that RNVO had merger news.  When I looked into it more, the news was in the form of an SEC 8-K filling.  RNVO will be merging with EI3 Corp.  Anyone have more details on this possible play?  Like how the chart has been improving and it could be north from here.

Can someone else comment on the chart?  Thanks!

SEC flling::::
----------------------
http://tinyurl.com/e2vuy

Title: Re: RNVO-nearly doubled itself today
Post by: blzen on January 21, 2006, 01:00:17 PM
Rnvo may get into a penny or so in the upcoming srt weeks as:

-Many are finally seeing the possibility of the merger with ie3 or whatever the private co is that will be going public after the merger BUT know that as the last info I have is after ther merger those with rnvo shares will reverse 40-1 then another amount but with ie3 such a good company after going public the ipo could still bring in a substantial amt.  I play it as say I have 400,000 shares @ .0001 after the wanted merger or reverse merger youy now have 10,000 shares then I believe another 3:1 split  but the hopes of ie3 are to be over a dollar sthe question can you get enough shares of rnvo LOW enough so after the reverse you MAY double or triple your money or way more IF the IPO takes the new company into higher dollar land.   The info on the numbers is out there I just don't have it right here now.  So I am playin long and playin off the bumps too. Good Luck to all.