Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
RELM question, Anyone notice DOMS sitting on an ask taking any and all the bidwacks comming in? He has been doing it for 10's of millions of shares. Pretty much everything thrown his way. I suppose he could be covering but he isn't even trying to take it down. He only moves after ETMM, NITE, and AUTO move down and continues to keep sucking up all the shares... Something smells fishy.
The same guy who bought at .0031... Rookie..
RELM hourly chart shows solid support @ .0008. We have bounced off it 9 times in a row with over half being nuetral and / or green. Intraday trend reversal. We hold .0008 and we are good to go. 9's will be thin once we start moving north with official resistance @ .0014
EXACTLY!, thats why I bought in on Friday afternoon..
I do love the analogy. Good luck.
Side note, the last trend reversal happened when the DOW was taking a bloodbath as well as the flippers getting out after they took the dumb money off the table. Seriously, trip 5's to .005 in 5 trading days.. Silly silly investors. This has serious room to move up from here. If it would have pulled bqack at the SMA20 I would have thought it had a chance to maintain the increase. RIght not the SMA50 is a pretty safe bet.
VadAr, its over.. You flipped your loss... Why are you still here.
ZVTK is bleeding me dry.. C'mon, the printing press has GOT to be out of ink by now!
Boom, L2 stalemate! seems sellers are insisting on .001.. This is a strong statement for now. 5 X 5... Ya want 'em... You are gonna have to pay!
SSWC running. one left @ .0013.. Gonna be a good week!
SSWC running.. one left @ .0013.
BOING!!!! up we go.. .0013 EOD
Honestly, after the volume we have had the last couple days.. All of the selling has to be done. I am sure we are think ( even with the wall ) to .0015. I am sure the ones that bought low understand they can hold for solid gains and there are a pile of people above the .015 range that are just plannign on holding until they can get out even which averages .02.. I did the math so once they find conviction its game on. Not selling until we see find and .0025 which is right where ludlow estimated the stock price to be.
Vadar, we all know you sold and probably took a loss. We all know your opinion so move on, did you marry this stock? Seriously, we get it, you sold into the panic selling like a newb and are now all upset about it. We know where the float is, we know everything there is to know.
We believe:
1. the company is going to release quality fins in the next week or so.
2. the company is in the aquisition process.
3. That LudLow's value is .002 - .003
4. That we will be just fine waiting it out.
Its called being long in a stock and not simply a flipper...
I hope not, its dated april 27th.
I didn't catch it, would love to see or get a copy of the info.
If yuo have been doing this as long as I have you can see clearly that when the volume increases and the pps does not over a span of a couple weeks that there is dilution going on. All the longs that were here prior and still are all pretty much knew it was going on but many were dilusional i their belief or they were just not wanting to believe it. The fact that someone posted the DD that everyone should have already been checking, hit a an inoppertune time. Thats all. The company is / was delayed in getting information to the shareholders which I believe was to help dilute and maintain the pps. They would not have posted the info on the 23rd that they had been doing it for months unless they had something in their back pocker to rebound the pps.. If they didn't then there would be no incentive to make that info public, They are a pink and as such, have no responsibility to do so.
I am hoping to see them soon. Thats the million dllar question.. I am sure this is the cause for some of the selling as well. You have to admin that from a trading point of view it was the perfect storm, if fins would have hit at any time during the run it would have been one for the record books to the up side, as it is, they didn't show up when we ( without just cuase ) expected them and was still the perfect storm... just in the wrong direction. Things will settle down and we will get back on track in the very near future.
You are completely missing the point. They HAVE been diluting since Feb. It says right on one of the pr's. I can dig it up if you need to reread your DD. What I am saying is that on the 23rd, they finally got all the paperwork up to date. 2008 and 2009 SEC filings and at that time updated the share structure. They would never raise the share count to 3 billion and make all 3 billion free trading... If they did that I would own relm for 2.4 million dollars.. OWN and there wouldn't be a damn thing they could do about it... Seriously.. Your first time around the block? I would guess the float is at a max of 1 billion. AT ABSOLUTE MOST... Just wait for fins and we can chat once everything it out in the open.. OH, but if its what we are expecting you will have nothing but good things to say..
9/16 PPS=.0003 - 9/18 PPS=.018 HUGE POTENTIAL
Panic selling and panic buying does nothing for the stock. Bottom line ludlow said after calculating the new float... .002 - .003 is where this stock should be trading... If this does not bounce then I'll keep adding as fast as I can generate the money to do so.
Agreed, Serious money comming in, They got screwed out of the prior financing and its funny that they are raising money now and have been for several months... Fin and Acquisitions WILL be announced shortly.
RELM Dilution, I have been long on this stock long enough to know that this has been happening since the fun back in Feb. In 5 days we traded the entire float twice.. The MM have been keeping the SP at or around .0015 and flowing shares into the market at anything over this level. Then once it finds previous support they back off and let it consolidate. They have done this going on 6 months. We do not know how much of the 3 billion is actualy freely tradable nor do we know how much is in the system right now. Purley speculation but looking at the short reports over the past few months that most of the new float has been introduced and that they will move this back to the .0015 level and let it acumulate again for until it starts to get towards the .02 level. The P&D sites cause as much if not more than the actual company. Typically MM do not dump dilution at the bid so most of the PPS decline was panic selling which is fine, I am sure even some veteran traders got shook on that one. I know I had my finger on the button...But alas, The company did not say anything, post any BS pr's to sell shares.. The hit RELM is taking is colateral damage from P&D sites and idiot traders. Fins will make or break this stock now that the P&D sites are done with it. I just wonder how many are going to post RELM 2000% GAINS!! as an advertisement. Those that do are in my opinion as bad if not worse than the Shell and scans. The shells and scams don't post our misery as an advertising tool.
RELM has confirmed a bottom at .0008 on the intraday and L2.
I am not sure why they show .0008 as the close when the last L2 reported and previous 8 trades were all at .0009. Either way, the stock will return to its normal trading range in the very near future, might hit a couple bumps in the road but this stocks average pps is .0013. A buy at this level is a sure thing. Basher can say what they will but people forget when they get screwed and not being in for the fins will get some people back in this stock. last fall. 9/16/2009 the PPS was at a low of .0003 then 2 days later on 9/18/2009 the PPS was .018.. Do the math and I would be more than happy to see .002..
Got plans to drive to 1700 Talley Rd Wilmington, DE 19803-3916..
Anyone that got out with a little profit.. I am gonna need bail money!!! Called and left a couple messages. Then I tried to call versaline and got "all circuits are busy now".. At least there was an answering system at that location. The only justice that will make me happy is good fins or jail time... Either for the CEO, or for me from kicking the snot out of him.. Thinking a permenent limp and some plastic surgery is on the menue.
RELM, another no brainer. Dilution has been going on for months. Just a week ago everyone found out. The PPS sits at a seriously buying opertunity because of the panic selling. This will be in the teens again very soon.
RELM ADDED.. This is going to be SICK!!!
As in wicked good!
Count your blessings, this could be HFBG.. We still have hope, fins out soon, the same people who are watching this train wreck will still be watching when it goes back up and it WILL go back up.. Rolling on like we do it.. RELM.. To Da Moon...., hold for gold?.. anyone.. Hello? I am the only bag holder still here??
SSWC breakout. Ask getting some lovin' chart looking good.
Yeah, SSWC looking good and the ASK is getting some lovin. Nice surprise.
ASK slapped with 4+ million and MM not moving it.. Need some bid suport as well.
SSWC ASK getting hit, HUGE orders. Getting thin as well!
When I saw the large chunks of shares.. 10mil + orders, Auto was sitting on the ask. Its either him or he has a couple guys with big pockets selling at the bid which I highly doubt. Wackers still trying to get out... Silly. a couple weeks from now and we are all good. Where are those fins anyway!! Better not be after hour friday bs.. I will go postal.
You can only divide those sales numbers so many ways and when we see the AS, well... I doubt anyone will be happy. Just another POS I am looking to find an exit stratedy with.
GREAT NEWS IS THE BOTTOM IS IN. FINS and we move!
There is realyl no risk at it going any lower.. Seriously.. No brainer from here.
Why I just bought another million shares.
Ludow revised the PPS to reflect the new AS and valuations / predictions are .0025 to .003. I am not sure if I read it wrong last time but now that I have my whits about me I have clarity. I did calculate out the math to make sure and yep, .002 is more than doable in the very near future.
So now I am looking at the link for the filings- http://tnbear.tn.gov/ECommerce/Common/FilingDetail.aspx?FilingNum=000278827
It shows that on 6/23 they started updating their info. They included 2007, 2008, and 2009 annual reports. We have no way of knowing how long they have been diluting and as a result, it could be over or close to it. Now take into consideration that they took the time to file all the back information prior to releasing the fins... This has all transpired in the past week and I would guess that this means something is coming. There is really no other explanation to letting everyone know the dilution has / had occurred unless they are going to up list and or provide audited financials.
Does anyone have any other thoughts on the matter? Why go through the trouble to have it filed unless there was a reason? I would also assume the 2009 fins are accurate based solely on the fact that they are getting everything completed for "some" event.
My gut and DD say there is a market close to the .002 range for this once news is out and from the TA side, there is a bounce play that might is in the works as well.
Bounce play you ask??? Well, we left off yesterday afternoon with panic selling flying out the door and resumed with this panic selling this am. It really doesn’t matter as I am confident these shares are not diluted share, it would be sillt to sell into the bid to drive this into the ground. These prices are SURE things. It will return to the mid teens over the next couple days, maybe weeks but the increase in shares still holds a value of .002 ( min expectation ) and the market will correct itself once the emotions are gone and done with. The guys buying up all these .0011’s are probably doing a happy dance right now. I know I am..
Nope, the only stock she deals with is the kind she uses to make me supper!!!.. lmao..
Putting RELM in perspective. READ!
This is just a little note to help put things in perspective and to help gain a little focus.
To my American friends happy 4th of July, To my Canadian brethren happy Canada day ( a little late ). And to everyone else, I wish everyone my best. Please change the lyrics to reflect the nation in which you reside. The message is universal.
Sorry you played it wrong and got stuck in a pacnic selling. This type of thing happens when the pump tards hit the street. It was a tip @ .0011 when I get in and if you would have sold anywhere in the .002's you would have been sending me thank you's. If you sold at anything lower than .0018 then you are just plain foolish. We will test .002 today. I'll scratch out why when I am officially up and have had a shower. And just for refeence, I was out of my seed money sitting with a profit by .0016. I am guessing greed got in your way.
Well crap. I wanted another mill @ .0011.. Guess I will get them in the am. If they are indeed short that much then I'll get back to that .002 support we left off with before all the P&D, MM tricks, and general flipper choas happened.
Funny!!!. Gotta have money to play.. jk.. Wait till I tell momma how much we made today.. lmao, At least I will get a good night sleep out in the garage..
IT was set up perfectly by the MM, They let it run, form a perfect chart, waited for the net to pick up what was happening and as soon as the momo really hit, DUMP all the diluted stocks they could at the highest price they could possible get for them.
The MM are as guilty as anyone who said anything good about the company. I am hoping he see's the same fate as his buddy just got.. 5 - 10 for fraud. I've already sent the request to the SEC for folow-up. The chart speaks for itself. Someone will be held accountable, well, besides all of the bagholders left hung out to dry. At least it didn't close lower than I got in.. Calling it even and out. Sorry for those who got stuck in the con.
I am out bounce or not. This was diluted and there are still 2 billion shares to go. This is not going anywhere unless there is some sort of a miracle. I am suspect on the auditing along with everything else. Audited fins would need to be over a penny before I will pay trips for this one again. I am seriously doubting that there are many "real" and "honest" companies left in the world. Glad I work for one... At least I am still getting a paycheck.. I wonder if this guy knows he is apt to get a severe beating if I ever happen to run into him.