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up 12%.. like playing a drum.
Just a drop in the bucket. Better set up an EOD ask slap.
This will tell us if we can expect more MM games.
Don't fall for the shake.. It happens everytime they decide to let it run.
Yeah, the bottom came in so I hit the buy button a little. Looks like we might get a little momo from here on out.
If you put this in a bigger perspective it was in fact a run. I concede the shares traded were almost zero but the bigger issue is that the holders of the float said that bottom line .0329 was not a god value to sell the shares. There were planty of people on the bid today looking for flippabel shares. The volume suggest there are not many flippers left. That being said this will either be shorted into the ground to loosen up shares or it will run. The chart and years of experience says unless the compan opens the dilution spicket it will run and run hard. why else would I be here... No, I am not a long term holder. Just looking to help the company increase the short term PPS and put a little money in the bank. Honestly I make 90% of my money off people chasing the bid and buying into the ask trying to hit the mythical jackpot. It doesn't exist with people who have been doing this for a while. We all know where it bottomed and have been waiting since the seed money was planted. Everything grows eventually.. Some just need more water than others.
None.. No concerns at all. It might give us a slow day but will not bolster the long term projections.
Hey Doc... Remember that the MM are reading this board if they have much stake in the matter... Not sure but they hold all the chips. We are only watching the template ( chart ) they use to make money. I agree 100% with everything you said however shorting based on your followers could be even more profitable.. I am sure you would agree if you think about it long enough.
Tomorrow will be interesting. Silence it the best medicine.
Good luck and I am right in the mix with ya!
I hope you get to chew on those words.. For all our sake.
From the dilution this week I would guess they either had to pay for the audit up front or that it is done and they need to pay for it prior to it being released... 9mil and nothing...
Another lesson learned I guess.
I am guessing we will see some profit taking on monday. I am hoping for a little pullback during the day to add to my position at this point. Time to plant another seed... See ya then.
Yep... friday is cash out day.. Monday the fun begins!!! We will see .058 on monday with any volume at all.
Please be right. Yesterday has still left a bad taste in my mouth..
Honestly, fins will come in with a loss and RELM will have 4bil outstanding. Just an educated guess... But hey, I WAS heavy into vpro going into today... ( evil grin ).
My next play is the bottom of CBIS. Check the chart. The news spoke if leagal mary jane and they volume went from an average of about 5mil and jumped to 100 mil on the interview on good morning america. I doubt it will pass but if there is any mention of a possibility it will go up. If it passes the legislature then buy into the run. Its down 7% today but with anything outside of the company PR'ing it can and will bust resistance like it did last time. Guessing it will pull back to .02 over the next couple weeks as people get sick of losing their money. I already have an order in @ .0407 ( per the chart and expect the next run to be bigger. My play is from .0407 and selling at .25 into the ask. It will take a couple days but should be solid. Just watch the news in the am and get in if you hear favorable coverage.
If those friday flippers would just sell at the ask we could go somewhere. Friggin idiots!
I just looked at the chart. I don't see where it can break .004.
I see a couple bottom plays that did ok but unless we see the volume break 5 mil early in the day it might be a lost cause...
Your thoughts?
Hmm. Volume looks like it might pop. I'll set up on it monday and see if it continues. I don't like getting in anything on a friday. Late news and flippers seem to break stuff. If you see that volume spike monday am shoot me a note. Good luck!
Been playing VPRO since yesterday.. I love it when things do what they are supposed to do.
VPRO breakout in the works. up 54% so far. Double bottom play.
And the dilution continues.
Looking good. Others are noticing that the bottom is in. GLTA!
Amen.. Let hope for something like...
Microsoft buys relm for $4.00 per share as it integrates its accounting software into its greatplains solution...
That would make my friggin day!!!! and then some.
that was some poor fool trying and praying that his seed money wasn't completely gone. Helped the chart a little but not enough to make a difference.
Kinda... Look at the previous volume.. We didn't have enough support at any level to warrent 200m in purchases.... answer that and we can make some money. If not then I am clueless. Nothing adds up. Maybe there a group that knew a pr was comming and MM that needed to cover? Guessign not but heck, anything is possible.
Agree'd a couple pumps and I completely get it. If there is nothing then I am clueless. The MM must know something we don't and / or its just plain old fasion dilution. I have seen that time and time again. If it was then the MM must have ben short a pile to have to cover that much. If they did then cudo;s to them. If not...Well... Then barack obama is the antichrist just liek the emails I have been getting said.. lol.
Read your posts.. Yup. Nice Tech player here!
Looking forward to more charts and your thoughts.
Ya know the part that doesn't make any sense is that I just cannot belive that many actual investors bought today... 200+ mill on a red day.. Do you really think that there was enough money out there hoping for a bounce and sustained volume to make this worth anyones wild? Doesn't add up. I can see MM manipulating this to get / cover shorts in prep for a solid pr but if that is the case then its just plain criminal. I have seen a lot of things over the years but that my friend warrents jail time.
That makes 2 of us.. I just have a bad feeling about this one.. Silence, then a pr about getting fins updated... Then this.. Last ditch effort to squeeze every last drop out?
Is that "code" for needing a part time job to support my penny stock habbit? LMAO!!!!
All I can say is dilution. This much volume and we are down 40 - 60%.. I think I can hear the fat lady. If I can sell my shares and afford to buy a plane ticket will someone front the bail money after I beat those little pr!cks into the ground?
Unbleievable. Someone will make a pile of money here though. Even playing the trip 1's and 2's to 3's and 4's... Unreal.
Peace out.
Agreed but They would not have released news without wanting the PPS to be higher than it is. From what I saw, the sells were invester sells selling on news like they traditionally do. Seems to me that the base holders are riding this out somewhat. I would be fine seeing this at .23 but no lower. I fully expect the company knowing that they are not incrasing the pps will give us what we want in the very near future. To be complety honests I am guessing the interest in pps is that... Well, some things are beter not said but they do need it to rise first.
Something is up, thats for sure. Guessing if we see news than today was covering shorts or dare I say it... More than one MM on the dilution bankroll. Motha please.
Looks like a double bottom to me... I am in..
Amen to that.. Geesh..
Out at the ask like a good little trader does... GLTA!
Dude, PM me your Email addy. I am not a paid member.
Its only a matter of time until this does its typical RELM run. I am loaded to the hilt and trying to be patient.. Heck, from by average I will be waiting a long time. Need to see some revs before I am covered. Good Luck All!
The friday sell-offs on thursday are always a drag.
You read my mind. This looks ready to blow.
Down 12% on 512k.. Hmm.