RVNM.OB – A 50 bagger ?

[gmarc66]

My broker Trade Freedom has not acknowledged the reverse split yet..so looks like i won't be able to trade it today.

So, in that case..is it worth for me to hold it until August 19th? Will it go up to .25 then?

i bought it at .0001 which now should equal .1? That would be great.

thanks very much,

julia

GOOD LUCK TO ALL U RVNMers!

[atalltexan]

Dead and buried.  Most bought in at .0002 (i.e. .20 at present valuation).  Currently at .07 on first hour of trading !!

[doyerdiligence]

i feel your pain atalltexan

[atalltexan]

It's only a small amt of money, but a loss is a loss just the same.

[gmarc66]

My broker cannot find any info for the reverse split...they are asking me to help them find some information or news where it says a reverse split is in effect.

I looked thru the thread, but, could not see any actual news out on it.

Can anyone post the site where they got that information from  please?

Well...im sure its too late today anyway, but..never know maybe the Aug 19th dividend payout will cause it to go up to .25...and maybe by then my broker will have their facts straight.

Appreciate any help on this.

thanks very much,

julia
hope u guys got yours!

[atalltexan]

My broker cannot find any info for the reverse split...they are asking me to help them find some information or news where it says a reverse split is in effect.

I looked thru the thread, but, could not see any actual news out on it.

Can anyone post the site where they got that information from  please?

Well...im sure its too late today anyway, but..never know maybe the Aug 19th dividend payout will cause it to go up to .25...and maybe by then my broker will have their facts straight.

Appreciate any help on this.

thanks very much,

julia
hope u guys got yours!

Julia, As Aussie noted above, the symbol changed to RVMN.  Ameritrade converted all the info in my acct automatically this morning. 

[doyerdiligence]

lets see if we walk back up after that shake out
bids moving

[drugtester]

I traded this stock a few times in the past. It is definitely a big POS. Money can be made if you time the P&Ds correctly, but it is a Boiler room play all the way.

[drugtester]

fwiw...I picked up some @ .06-.07...Might be worth a bounce here.

[saffeysite1]

I think this thread is going to be a 50 bagger .

[J.Livermore]

It looks like this trading strategy was only good for boosting up this topic 
I have to admit this was the worst trade I've ever done so far, taking in consideration the topic subject – 50 bagger.

I feel responsible for bringing a lot of people to this trade, and I won't sell my shares now.
I don't have a big position on RVMN, and I don't think this is going to continue to fall bellow the lows of the day, so I'll keep this position, and I'll give a lot of room to it.
But it hurts anyway.

This stock was inside a box, trading activities and moves were not happening, now it's free again, free to go up, and free to go down. Obviously it chooses to go down today against my expectations.........
Good news will boost the stock, bad news will bring it down, that was not happening, and it will be happening now, I expect good news.

I've learned a lot with this trade, I hope we all did.
I've learned that I should not talk about 50 baggers ever again !
I've learned I should not buy stocks inside a Cellar Boxing !
I've learned that I should not give my public opinion on such crazy trades !
I've learned the power of the MM's

Sorry guys, I'm really desolated, not with my potential loss, which is really irrelevant on my total equity, but with all the talking I've generated around this stock, and with this dream I've created about it.
I deserve all the smites you could give me on this board !

[cumulina]

You didn't twist my arm, so you can not be responsible for what I do.

You obviously believed in the stock, and this you wrote about.

You should continue to give your opinion on trades, allthough the 50-bagger part - as you said yourself - maybe was a little optimistic 

I went in with $150,- so the loss is managable. And as I can't sell them now, I still have the hope that they'll go up! (Cumulina: the eternal optimist )

The news that kept coming out about RVMN was all optimistic, so...

No "smites" from me.

Don't be too hard on yourself.

[saffeysite1]

I am just glad its out of the closet

At the end of the day "It's just a penny".   This is a free website and each person is responsible for themselves.  You make the buy, you manage the risk, no one else.

I am always suspect of "50 bagger"  tag lines.  But that doesn't stop me from doing my own DD and bringing a stock to my attention.  Nothing wasted, all but gained!

[gabillh]

GET OUT GET OUT GET OUT>>>>>>>>OOOOOPS>>>> too late, sorry. by the way stock reversed split and immediately lost another  60 % or so of value (Value?) new symbol is now RVMN @ .08 down .12

[fill_the_gap]

Livermore,

No harm done.  We all ultimately make our own decisions here.

I also lost alot here.  But the experience is worth some.
And nothing is ever for sure. 

You are applauded for the last post.
That is what I like about this site.
People actually feel bad and accountable for bringing a trade to the table.
It is not a pump and dump site.

It could have worked out.  Keep recommending.  Your posts are great !

Plus, my kids loved the promo.  This company may eventually make it big.

Do not look back.  You are great !

-Jeff-