Rumour and Innuendo

Yesterday's very strong buying (3.8 shares) is indicative of another "strong rumour" being circulated amongst those close to the company.

However, yesterday's equally strong selling is somewhat unique to RNI.

As a long term SH, it seems clear to me that the selling is primarily coming from previous "rumour buyers" who are now disenchanted because the rumour they heard hasn't come true. Unfortunately, there have been too may of those (and over a number of years).

If it weren't for all these disenchanted sellers the SP would have moved up more strongly.

The BOD brought in PL to help their credibility however the rumour factory continues.

I am a strong believer in RNI's big potential.

I just wish it was better run, lest the new name now comes to stand for Rumour 'n Innuendo....