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Well we have volume and the ask is dropping. I would like to see another 30 million trading day to see how much we have at .0002.
Honestly that will not happen unless the share structure is lowered more then 1 billion shares. Anything is possible and GLTA.
I already explained before just like you did about them not being profitable but their profits they do have even if little they are showing is being put into the stock. That's investing practically right in front of you. GLTA
Can anyone post level 2 numbers or market movers. I'm wonder if one market mover is still around. Thanks
I agree. At least they made a correction, not like other pennies I've been in.
I feel like Obama. We have to move forward not backwards lol. What they are doing is a start.
That's the way I view it as progress. A lot of pennies would just RS and call it a day.
Same here buddy but I always think positive. GLTA
Well, using funds to buy shares will show an interest that they want to move the stock. Imagine if they buy 1 billion shares and allow the stock to move to .005 imagine the profitability. You never know and as long as this stock moves up I do not care what they are doing. Yes its been 2 years but most penny stocks take that long or never move forward. Its a risk we all take for the alluring profits pennies give.
I understand but at least we are seeing a decrease in share structure. Not enough to blow this stock out of the water but it is something.
Borderline deficit spending but don't take it from me. Read some Paul Krugman maybe he'll be right that my spending is your income. GLTA
That's what I find interesting and with this guy owning it this should start moving IMO. I mean this guy has delt with Goldman Sachs.
Sure hope so because I need a new pair of shoes. GLTA
Weird how much volume showed up. Hopefully there is some juice left in this one but my scottrade isn't showing RMDM anymore.
Where is everybody?
I wonder why no one has tried pumping this stock because of the structure alone.
Look the ask is falling and we have almost 6 million shares bought at .0001. GLTA
http://www.thewhir.com/web-hosting-news/accel-kkr-group-sells-web-hosting-giant-endurance-international-for-1-billion
http://www.ey.com/US/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/NE_Article_Overview_Page_Main
http://www.ey.com/US/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/NE_Article_Overview_Page_Main
http://www.globenewswire.com/news-release/2012/05/30/478049/257603/en/Top-U-S-Hosting-Provider-Selects-Open-Xchange-for-10-Million-Email-Accounts.html
Some links I'm finding on Hari Ravichandran and his company, Endurance International. Pretty interesting and note worthy accomplishments. If his company really owns RELM then IMO will be in for a treat. GLTA
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=2938093
There company overview sounds promising but they sound like a HTF firm. GLTA
That isn't that much. GLTA
Interesting seeing the ask size fall today without any buying. Maybe one of the market movers fell asleep today. lol GLTA
I agree and what would be better if he buys more. IMO it needs to drop at least 2 billion shares to make this a stock in the mid .005 range.
There has to be a reason for hiding the ask size amount. I never seen this before and it is quite interesting. GLTA
100k is better then nothing but I really hope they buy more. The only way IMO to see penny land is by at least getting 2 billion out. 1 billion will put this stock at the .004-.005 pps. GLTA and go TSNP.
It's actually showing a believable ask size. Not the bs 5k ask at .0001. GLTA
It actually did move to .0002 for a brief moment and people continued to purchase at .0001. The only way this will move is the company stating they took out at least 1-2 billion shares. Then people will see this on their radars.
It's funny I'm watching another play I'm in beginning to get buying pressure. The amount of buys that stock received would of put RELM at least .001 or higher because of how thin this stock is.
I thought the trading log said there were sells at .0001? By the way do you believe in Zoltan too?
Around 40k at .0002 and then we will see how thin this is. Anybody have level 2 numbers? I am curious on what it looks like. Thanks
Now we have Charlottes Web on our side. This stock is going to fly. Weee piggyy
Interesting well we can all hope for the best. I still see this really thin and .001 will show up fast with a small amount of buying.
Interesting well we can all hope for the best. I still see this really thin and .001 will show up fast with a small amount of buying.
"Entrepreneur and Investor. I love to build and grow companies focused on technology enabled business services in the Software as a Service space."
That's quoted from his linkedin. It is plausible that he will reverse merger the stock which wouldn't be a bad idea. Plus the share structure looks like it has not been effected.
I stated blow up because of the last run a year or so back that ran from .001 to .0044. I wouldn't mind seeing that happen and if this guy is legit he would understand a reverse merger is way better then a reverse split which scares off a lot of investors.
I rather hear that then a reverse split. If this guy is legit and stands by his description on linkedin this stock will blow up imo.
I hope so because I really would love to see this blow up like last time. I wouldn't mind seeing a small run to .0009 again but the share structure if the same this could be pushed way higher with some sort of pr from the company.
Well the ask size keeps falling but that could be a fake wall.
I think the paint is dry already....Looking at the ask size maybe it's fake but their is only 8 million at .0002.....If that's true a small little rumor will push this to .001
Ya maybe you never know.
Interesting and the bid is falling. You can quote me on this I honestly feel the share structure has not been altered. This stock can easily run back to when it hit .004 or even higher if longs hold.