DailyDOOH

Chris Sheldrake

Wireless Ronin Technologies (Nasdaq: RNIN) stock has dropped 35% in the last week and 67% in the last month AND is currently trading for less than the cash on the books (it was 0.45c/share earlier but has since bounced back to the heady heights of 0.50c).

As Warren Buffet says on investing “Buy companies that any idiot can run, because the chances are one day an idiot will be running it”

I am afraid we don’t see any of this having a happy ending.

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This entry was posted on Wednesday, November 26th, 2008 at 16:38 @734 and is filed under Scuttlebut. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.