Finally a great profitable day! I managed $RNN manually and it paid off quite well. Auto 3% stop loss with so cheap and thinly trading stock is too risky. Just "trading friction" could kill you on bid-ask spread and 3% is nothing for a stock is at 1 dollar value and average volume is barely above 1 million. Entry and exit were done very well and generally speaking I am very satisfied with today's action. Micro bio stock push for $RNN may ignite some other bio stocks in the same category. For example, $RXII which we traded resently without much success, but still holding in our smaller medium term long portfolio.
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