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What info is it?
Tks,
Nate
Was messin around on
Don't know how old this stuff is .
linked -in ..
lotsa pieces to this puzzle .. anyhow fwiw .. GL!
consultant seems worthy .. ?
http://www.linkedin.com/search/fpsearch?companyId=1453209&sortCriteria=R&keepFacets=&facet_CC=1453209&goback=%2Efcs_GLHD_versalign_false_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2
http://www.linkedin.com/profile/view?id=8547910&authType=NAME_SEARCH&authToken=u5xi&locale=en_US&srchid=bdaf9a9b-77bc-4435-b03b-8e7ffb4a65d0-0&srchindex=41&srchtotal=111&goback=%2Efps_PBCK_marc+greenberg_*1_*1_*1_*1_*1_*1_*51_*1_Y_*1_*1_*1_false_5_R_true_CC%2CN%2CG%2CI%2CPC%2CED%2CL%2CFG%2CTE%2CFA%2CSE%2CP%2CCS%2CF%2CDR_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2_*2&pvs=ps&trk=pp_profile_name_link
Nice... and to add to that... I emailed Ohana (same email) a few days ago requesting info about past/present relationship with Versalign.... no response.
I know the info u posted earier does not include Vresalign/RELM, however, if RELM wanted financing for an acquisition and couldn't get it, would there be another way around it?..... notice out of 12 million, 5 million going to the owner, could be for a number of reasons....
Nate
I'm wondering the same thing since RELM's numbers don't add up right for the 1st 9 months with the 9 month fins. The numbers only add up to what we know is the Delaware Gov site,and the software license they are recieving.If Greenberg was working for Versalign on a project for Ohana where's the money? Either they only get paid at the end of the project, which would be a bonus in future fins, or no money has been charged because they are working on the project together. You know right after you wrote greenberg that email Ohana took his name off of their website. Makes you wonder!!!
You're right Ken, I'm just curious if there is still a connection somehow.
You're riht Ken, I'm just curious if there is still a connection somehow.
I don't think this has anything to do with RELM, ABS Ventures Invests in Ohana.
http://www.everybodywins.com/images/stories/Ohana_PR_-_ABS_Ventures_Investment-Web.pdf
No more leads yet. I'll let u know if something pops up.
Cheers,
Nate
I posted that same post on the RELM board and it got deleted for off topic, how can that happen after all the post that's been on there lately.
Anyway have you got anymore leads?
Great post Ken! Much appreciated. .... and yes, looks like RELM for sure.... except some of 'longs' would rather be day-traders unfortunately, and spew their tears all over the board.
Cheers,
Nate
Found this on another board but it looks like the way the MM's are trading RELM
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like "the weather is
sure rough today." The MM along with the other
"friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
Hey Ken
Nate feels the MM's are really really short ... I concur with him .. although I never understood the art of shorting subs .. Clarity is slowly prevailing .. Just imagine being an MM .. Seeing all or most of the order flow ... These guys know exactly what they are playin against ..makes me cringe what they get away with .. so much so I am working on a B/D to become an MM .. I want to see the order flow and play in their arena ,,
Hope they are short up the ying yang and RELM starts chirping some good stuff ..
GLTY!
Take
So share what you and nate have going on
Hey Nate ,
Thanks for everything .. I think your hunch is spot on ... I was in with a late .0003 buy order and did nothing .. a great sign after what you have shared with me ..looking forward to today .. I will be participating EOD today ..
GLTY! Thanks again
Take
Nice DD Ken!
I was under the impression that the 315mil shares would be restricted.
Also thought that the liquidizing of shares was referring to the PCSO stock in portfolio. Haven't considered this.... won't be back to N Am. for another week so won't be able to look into this for a bit... sorry (crummy internet).
Cheers,
Nate
Wrote a note for you on your board
Nate to much BS on the relm board to get any good DD going. You think there is any connection with the amount of shares that hit the market and the ones in the 2009 fins. It's almost the same amount of shares.
RELM plans to issue an additional 315 million shares of restricted RELM stock to AVI shareholders to acquire the remaining 24% balance of shares in AVI. As part of the plan, each AVI shareholder of record before the acquisition of AVI by RELM is expected to receive 14.2 shares of RELM for each share of AVI.
AVI continues to pursue its efforts to acquire four information technology services companies
Also look at this
The Company currently has two wholly-owned subsidiaries: 1300 N. Market Street LLC (“LLC-1”) and Grand Sierra Resort Corp LLC (“LLC-2”).
LLC-1 had a closing scheduled to purchase a 65,000 square foot office building in Wilmington, Delaware and is in process of finalizing the items required for the closing and upon the liquidation of the stock under Rule 144.
This is from Oct 1 2009
Similarhttp://www.loopnet.com/Listing/16415860/1300-Market-Street-Wilmington-DE/
Listed it here as for lease
http://www.loopnet.com/xNet/MainSite/Listing/Search/SearchResults.aspx?linkcode=13900&SCSN=SSCXml#/19801/Office/Property-Records/c!AQABEwACAQ
Also look who lease space in this building
http://www.irish.globalbanks.info/73824.html
CIBOLA take a look at ELRA. Is a real solid play this month. Here is some info. FLoat is 26.8M
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61607401
No worries Ken... I'm atually in the jungle in Costa Rica (Uvita) ... a place called Cascada Verde Lodge (cascadaverdelodge.com). I'll be away for a few weeks...... rather listen to the natural nightlife than some of the BS on the board lol.... still got every single share.... haven't looked at everything going on yet so I don't have an opinion as of yet.
Cheers,
Nate
Hey, just to let you know that I am here. I will try to check in daily.
That's hard to say... originally I would have agreed 100% with .001-.0012 back to .0007 but it's so hard to tell now especially since the 50 is closing the gap with the 200 and we're holding steady at .0008.
If we hold here long enough and technical traders get in for the Golden Cross then we could see .002 - .003 before news...... either way, I'm pretty set on waiting for news..... I can forgive myself for not flipping but I couldn't live with it if I flipped and they PR'ed Audited fins w/ cusip/name change or something crazy like that lol.
From what I've read I just can't see them living with the fact that RELM got cellar boxed.... it's a legit company.... there's no doubt about it.... I really think they're going all-out with this and I don't wanna miss it.
Anyways, best-of-luck, make some coin on this,
Nate
Check out ISCR GenStrips coming out and patent on MD cell phone software. Good deal at .06
So what's your take on RELM when will the pull back be. I,m thinking it will be .001 to .0012 back to .0007 before the next leg up. I'm thinking news before we break .002. What do you think?
Ya I've been too busy with work and DD with RELM to focus on the picks... and I'm trying to develop my own scan.... a work in progress...lol
Nothing as of yet Ken
That huge chunk I believe is PCSO stock.
Muerelo Group.... couldn't think of it at the time.
Nevada... they backed out, good to know, but the fact they were going after it shows that they're 'BIG TIME' players IMO.
Cheers, nice DD
nate
Relm board is getting full but I found this on RREH in the June 2009 fins page 12. Assets of 435,000,000 helded in escrow.
RELM Assets consist of Goodwill in Affiliates and Equity (Public Stock) in One Affiliate
Relm’s assets are based on a consolidation of financial statements as of June 30, 2009, which state an asset base of $25,597,725, primarily attributable to i) Goodwill: $3,423,963 in RREH and $3,196,963 in AVI, ii) $1,526,282 in intangible assets, iii) $16,500,000 in Public Stock issued by an affiliate company valued at current market of $16,500,000, (iv) $282,447 in account receivables, and (v) $768,202 in other assets. The bulk of the consolidated assets in the affiliate are held by RREH in an escrow account that has been valued on June 30, 2009, at $435,000,000
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=24127
As for GSR Corp LLC they no longer have a letter of intent for the hotel they backed out in the fall of 200 that's why JP took if over. I read this in the fins I just can't find which one.
It was announced February 23, 2011 that California based Meruelo Group has purchased the resort for a yet to be determined amount
Hey Ken, welcome to the board.
RELM is my baby lol.... my DD there is extensive as I'm heavily invested and long based on my discoveries. I kind of stumbled on it Feb. 2010. With my DD and now also my charting, have convinced me to keep accumulating there.
This board is more of a test to see how my technical chart learning is coming along. I'm fairly new to the charting world and am trying to learn more about it, bought a membership to stockcharts (highly recommend) and have since learned how to annotate and currently trying to figure out the right combination for daily scans (slowly but surely).
The picks so far have been mostly from scanning certain boards (I recommend boards that don't have 10 billion followers..... 20-200 followers usually finds me my best picks.... I look at the chart technicals and base my picks mostly on those, and sometimes on perceived MOMO and minimal pumping on ihub. Very little of these picks are based on company fundamentals and/or news... save for a few.
One additional company was mentioned to me by a very wealthy man I know who knows the CEO of the company and believes it's a good candidate for a R/M or buyout based on business field/technology, and direction.
Cheers,
Nate
Nate I've watched your work and DD on Relm. Now I find that you have you own board. Looks like you have made some great calls whats your secret.
RELM .... looks like we'll see some volume and likely a healthy PPS rise this week.
Looks like SPAG finally went this week... from .68 to a high of 1.05.... a nice 54% gain..... and with $ volume of $150k - $200k/day made it quite liquid.
Change: Watch AVEW for FullSto signal and 20 crossover
Thanks for the welcome and a pm for you.
I'm actually not aware of news/events regarding EXSA. These picks are mostly based on chart technicals. I may have actually gotten it from Expert Picks board (it's 1 of about 15 boards I check frequently for good picks. Anywho, thanks for stopping by. Feel free to posts your picks with accompanying DD/charts/MA. Not many boardmarks, just started the board recently and haven't promoted it really at all yet, but may start to soon. Gave you a PM.
Cheers,
Nate
EXSA your right on...looking for .06-.10 range on upcoming news/events.
WATCH for a pop (from my watch list)
BGOI - Monday
CBKN - Tuesday/Wednesday
ECPN - Monday
EXPU - Monday
FEED - wait for the Full Sto to cross the slow and 20
HERO - Wednesday - Friday
MXMI - When MFI hits the 80
MYFT - Monday
OESX - Wednesday/Thursday
OOIL - Monday
SOLU - Wednesday/Thursday
Monday's Watch & Buy List
BUY:
EXSA
KGJI
MMTE
TEMN
WATCH:
EMKR
EXTO
ICGN
PEIX - may have bottomed
PPHM - mixed signals
QTMM
REPR - mixed signals
No, didn't sell out CDIV today, shares are too tight IMO. It could very well pop on Monday since it's now just starting to get some outside interest.
TDGI was a only a short term call (50% over 7 days I beleive)which I wasn't in on. That call was simply based on chart technicals, I haven't actually done any DD on the company recently.
Focus for next week for me is RELM. It broke out today (.0004) after months at .0002 - -.0003. the MFI is now above 80, should be a runner.
Cheers,
Nate
DISCLAIMER: I am not a professional chartist by any means. I am a beginner with regards to chart technicals. Any experienced chartist who can spot an error in my prognosis and can explain why... please post your ideas/theory. It will be much appreciated. Thanks much!
This board is simply a track record of my picks. I base most of the short picks on candlesticks and indicators such as Golden Cross, MacD, RSI, Parabolic SAR, Volume, MFI, CMF, ChiOsc, and many others. A few of them (mostly medium and long-term picks) are based on the company's fundamentals, and/or, longer term market sentiment (what I perceive it to be). Occasionaly, I may hop on a MOMO train (sometimes by accident), as in the case of LKEN.
I am not reimbursed in any way, shape, or form by any third party.
The picks in this ibox are strictly from my own research. Please invest responsibly.
Users are welcome to post their picks on the board with useful information (news, M&A, Fins, charts, etc).
Absolutely NO PUMPING, BASHING, or SPAM allowed!
Any and all POSITIVE suggestions for this board are welcome.
Best of luck to all investors!
SHORT PICKS
TICKER | DATE PICKED | PPS PICKED | PPS HIGH | % GAIN | TRADING DAYS TO HIGH | STILL IN PLAY | |||
DGRI | 01/08/11 | .0175 | .024 | 37% | 2 | NO | |||
HNSS | 01/08/11 | .0113 | .0179 | 58% | 6 | NO | |||
ICGN | 01/08/11 | 1.85 | 4.46 | 141% | 17 | NO | |||
FTCH | 01/08/11 | .01 | .029 | 190% | 8 | NO | |||
AWSR | 01/08/11 | 1.80 | 2.14 | 19% | 4 | NO | |||
AVEW | 01/08/11 | .0044 | .0074 | 68% | 11 | NO | |||
LKEN | 01/08/11 | .0016 | .0185 | 1156% | 6 | NO | |||
SFOR | 01/08/11 | .055 | .10 | 82% | 1 | NO | |||
QSGIQ | 01/10/11 | .082 | .129 | 57% | 2 | NO | |||
EXSA | 01/20/11 | .036 | .064 | 78% | 21 | NO | |||
TDGI | 01/20/11 | .0378 | .066 | 75% | 25 | NO | |||
SPAG | 01/20/11 | .6895 | 1.05 | 52% | NO | ||||
PEIX | 01/26/11 | .84 | .92 | 10% | 1 | NO | |||
JBII | 01/26/11 | .82 | 4.00 | 388 % | May 10 | YES | |||
VYGO | 01/26/11 | .0025 | .0049 | 96% | 9 | NO | |||
EMKR | 01/26/11 | 1.36 | 3.25 | 139% | 32 | NO | |||
KGJI | 01/26/11 | 3.08 | 3.25 | 6% | 2 | NO | |||
EXTO | 01/26/11 | .0052 | .008 | 54% | 17 | NO | |||
HHGI | 01/26/11 | .001 | .0014 | 40% | 2 | NO | |||
TEMN | 01/26/11 | .0027 | .0036 | 33% | 1 | NO | |||
MMTE | 01/27/11 | .0017 | .0037 | 118% | 13 | NO | |||
GMET | 01/27/11 | 1.22 | 2.15 | 76% | 27 | NO | |||
PPBL | 01/27/11 | .032 | .043 | 34% | 18 | NO | |||
CNUV | 01/28/11 | .0015 | .0067 | 347% | 13 | NO | |||
PPHM | 01/28/11 | 2.52 | 2.68 | 6% | 1 | NO | |||
REPR | 01/28/11 | .169 | .35 | 107% | MAY 1 | YES | |||
FTCH | 01/28/11 | .01 | .011 | 10% | 2 | NO | |||
OCLS | 01/28/11 | 2.06 | 2.65 | 29% | 8 | NO | |||
QTMM | 01/28/11 | .16 | Re-entry | ||||||
WNBD | 01/29/11 | .0029 | .003 | 3% | 1 | NO | |||
WTCT | 01/29/11 | .0037 | .0041 | 11% | 4 | NO | |||
OOIL | 02/01/11 | .24 | .24 | 0% | NO | ||||
MYFT | 02/01/11 | .026 | .046 | 77% | 8 | NO | |||
CBKN | 02/01/11 | 3.39 | 4.60 | 36% | APRIL 25 | YES | |||
MGH | 02/06/11 | 2.46 | 2.55 | 4% | 2 | NO | |||
EXSA | 02/06/11 | .042 | .064 | 52% | 9 | NO | |||
KGJI | 02/06/11 | 2.83 | 3.15 | 11% | 10 | NO | |||
MMTE | 02/06/11 | .0014 | .0045 | 221% | 36 | NO | |||
TEMN | 02/06/11 | .0021 | .0038 | 81% | 7 | NO | |||
TICKER | DATE PICKED | PPS PICKED | PPS HIGH | % GAIN | TRADING DAYS TO HIGH | STILL IN PLAY | |||
ECPN | 01/08/11 | .85 | 1.575 | 85% | 3 | NO | |||
LFBG | 01/08/11 | .0039 | .0047 | 21% | 9 | NO | |||
SCON | 01/08/11 | 1.62 | 4.20 | 159% | 34 | NO | |||
CDIV | 01/08/11 | .021 | .03 | 43% | 19 | NO | |||
TICKER | DATE PICKED | PPS PICKED | PPS HIGH | % GAIN | TRADING DAYS TO HIGH | STILL IN PLAY | |||
RELM | 01/08/11 | .0003 | .0009 | 200% | MARCH 9 | YES & Re-entry | |||
TICKER | DATE PICKED | PPS PICKED | PPS HIGH | % GAIN | TRADING DAYS TO HIGH | STILL IN PLAY | |||
ANRGF | 01/10/11 | 1.4097 | 1.70 | 21% | 20 | NO | |||
TICKER | DATE PICKED | PPS PICKED | PPS HIGH | % GAIN | DAYS TO HIGH | ||||
HESG | 01/08/11 | .0001 | |||||||
USEFUL SITES
http://regsho.com/tools/symbol_stats.php?sym=CDIV&search=search
http://www.barchart.com/opinions/stocks/HESG
http://stockcharts.com/h-sc/ui
http://ihubl2.webfreehosting.net/
http://www.stockta.com/cgi-bin/analysis.pl?symb=RELM&num1=3&cobrand=&mode=stock
http://www.otcmarkets.com/pink/index
http://sec.gov/edgar/searchedgar/companysearch.html
http://americanbulls.com/StockList.asp?MarketTicker=OTC&Tick=R
http://failstodeliver.com/default2.aspx
http://www.lowfloat.com/all_with_otcbb/
http://www.counterfeitingstock.com/CounterfeitingStock.html
http://www.counterfeitingstock.com/CS2.0/CS16ConfessionsOfAPaidStockBasher.html
http://www.fatpitchfinancials.com/573/top-5-hacks-for-intelligent-investors/
http://www.litwick.com/glossary.html
http://www.candlestickshop.com/glossary/
http://www.investopedia.com/articles/technical/04/033104.asp
http://web.streetauthority.com/terms/p/parabolic-sar.asp
http://www.screencast.com/users/MrBigzzz/folders/Default/media/b104dc24-c7c7-44a6-a378-6c617fcaf06b
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