Friday, May 7, 2010
RNWF - On It's Way Toward $.01
For any of you that are new to this blog I wrote about RNWF earlier this week. I noted how the stock is ready to post big gains going forward. Today did not disappoint as the stock rose 75% as investors were buying up stock late in the session. The stock closed at the high of the day and I would not be surprised to see it close up another 25-50% on Monday.
Like I said in my prior posts RNWF is an accumulation play just like ETLS. ETLS has already tested $.011, and I think RNWF will do the same over time.
Here is my post from earlier in the week:
http://pennystockgurus.blogspot.com/2010/05/rnwf-just-start-of-big-run.html
Be sure to keep a close eye on RNWF next week and beyond.
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