few factors really, downrampers and uprampers were basically going nuts on both sides. We were .0156 in january, hit 18c and now 10c. it is reasonable for a pull back, it is also reasonable for some long term holders probably cashing profits at the top and slowly as it pulled back. Fundamentally company wasn't worth 18c at the time. It was certainly nice though, good for enjoyment. but with meteoric rises, heavy pull backs generally occur. this isn't a company without risk, its got a high level of risk with a high upside. There were indicators on the charts to say we had exhausted the run and sure enough, indicators rang true. The company itself still stands in a good position for EV transformation, its a matter of delivery now.
RNU Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
