Not pumping or reccomending this, just expressing an opinion/hope.  Another typical OTC sub penny stock imo with billions outstanding and billions more authorized (see recent sb2 filing).  Volumes are light to almost non existent unlike others that have had a big pump in the past year.  

Stocks like CNES/CYBT or SEIH though didn't spike because of their fundamental performance.  Hoping RNKE can make a similar move in the future.  Risk isn't great for me in terms of $$$ because the PPS is so low.  If it happens....Whoopee, if not... no biggie.

At around $50 per 100K shares if it gets run up to just 1 cent, that's $1,000 per 100K shares.  But I wouldn't "invest" anything other than risk capital.  

Still waiting to see what happens here with some decent volume.

Krill:
This one looks extremely risky. I am personally not going to touch it. Not only is it in the sub pennies, but it had a 1 for 7 split.

Seth

Yep, fundamentally it's your typical OTC stock as far as I'm concerned.  

I see it as risk/reward.  At current levels it's about $50 per 100K shares.  If it gets touted by an outfit like shazamstocks or stockprowler then I think it has potential for significant short term appreciation.  CNES/CYBT are a couple that got pumped up around 1.5 cents.  Even if RNKE gets to 1 cent that's $1000 per 100K shares.

If it doesn't happen?  I can afford to lose a few hundred.  Certainly not for everyone, people tend to like a good story, some hype and + price movement I've found.

A bit more volume today, but still not very much considering the PPS and the fact there are about 2.9 billion o/s.  I'm  looking for volume of at least 25 million in a day and want to see which way (if any) it moves.  

Here's RNKE's chart with my thoughts.  FWIW I'm not "investing" in RNKE as such....I'm merely speculating on it's potential for a signifcant gain from current levels.

The 6 month chart shows the PPS in steady decline, but over the same period the OBV trend has been upward, almost a perfectly inverse relationship.  OBV stands for "On Balance Volume", on days the PPS closes up the volume counts + and on days the PPS closes down the volume counts -.  It's a money flow indicator with rising OBV indicative of "smart money" flowing into a stock according to Joseph Granville who created OBV as a technical indicator.  

FWIW when a stock is paying promoters and pumpers I disregard OBV as an indicator.  When the pumpers are working a stock it ain't "smart money" buying imo but Joe Sixpack.  

The 50DMA has provided firm resistance and a break above would be extremely bullish imo.

Stochastics show an extremely oversold situation.

Can't  insert a stockcharts.com image so here's the URL:

http://stockcharts.com/def/ser.....Lp14,3,3]&pref=G

They'd dropped the bid to .0003 but brought it back up to .0004....for a stock with no news and no promoters it's looking interesting anyway.  Americanbulls has it as a Buy If, but if it closes up on Monday I think that'll change to a Buy Confirmed.  Time will tell.....

bid/ask .0004/.0005 last check....not much happening, volume only 300K or $120

bid ask still .0004/.0005 but someone finally stepped up to the ask.  SCHB and NITE boxing on both sides though.  

It took an extra day but American Bulls has it as a confirmed buy now.

http://www.americanbulls.com/StockPage.asp?CompanyTicker=RNKE&MarketTicker=OTC&TYP=S

Krill,

Go here for Time and Sales: http://www.otcbb.com/asp/quote_module.asp?qm_page=57967&qm_symbol=RNKE&symbol=RNKE

I've had all my money in VDWB for 2 months now and have had $32 left in my account since then.  Today I decided to do something with it and bought $24 of RNKE at the ask (48,000 shares).  I currently own the stock, but the only way it is going to go up is if it is pumped.  Only three trades took place today and a $24 transaction does not justify a "confirmed buy" in my opinion.  The bid and ask did not budge, therefore the stock did not really go up.

Fair nuff lemon.  FWIW I think you're playing it schmart.  CNES, CYOS, CYBT, ITCV, AMRE...there's a long list of sub pennies and low pennies with imo similar share structures that have gone ape.

@ $50 or so per 100K shares the risk isn't great for me.  I can spend more than that on a night at a pub.  If RNKE does get a shazamstocks type "feature" or something similar and they run it up to a penny....WHOOOOOOPEEEEEEEE.  If it doesn't happen it's not much to lose.

I'd turn $24 into $480 if it hits 1 cent and I'd be a happy camper

I used to shy away when I saw a bad history and hundreds of millions of authorized shares, then I saw stocks like CNES, CYBT, SEIH explode.  Now I just try and get in early and out during a pump.  

A bit of action this AM on the ask...but hardly anything to write home about.  We're gonna need a feature or profile by some outfit here in my opinion....that's all it seems to take.