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Gentlemen, you've convinced me. I took a position today at .024. I've watched SPNG bounce off this level several times now. It just looks like the bottom for what seems to be a good little company with significant growth potential. I hope we're all correct with this one. I have been getting absolutely slaughtered for about six weeks now.
I am with you, lucyinthesky. Likewise looking for that entry level. Mid-2s might be the spot.
I picked up some shares at .35. It does look good for some upside. Are .70s really a possibility? TIA
This is my first post on this board. I have been watching SPNG for a while, trying to figure out where the bottom is. It seems to be a good little company with large potential, and this .032 area might be as low as it goes (famous last words, of course). Are there any official price targets floating around? I haven't seen any. Anyway, I may pick up some shares next week if I can free up some cash. Still debating.
Thanks to any and all respondents.
Does anyone have any predictions regarding where the SIRI share price might be by the end of the year?
I am looking at SIRI at these levels. Is there confidence ahead of earnings? TIA.
I own some shares. If they ever release significant new and we get a volume spike with this miniscule float, we could have a 10-bagger in pretty short order. IMO,
Thank you for your insights. They are much appreciated. I own shares and remain optimistic, but I note that this company is quite frugal with news. Why is that? Should we see some release(s) soon?
Watching from the sidelines. It is really hard to figure out what the entry point is on this stock. Nice potential, but it's obviously still sinking in the aftermath of the recent runup.
Watching... watching.
Any input is MORE than welcome. TIA
I'm new to this board, but intrigued by the potential of this stock. It's just hard to see where the bottom is after that amazing and unsustainable runup. I wish my crystal ball had been working a little better about a week ago! Any insights are appreciated.
161,500 here. Purchased at .10.
Okay, perhaps I misjudged your motives. On the face of it, your comment posted below came across as unnecessarily negative:
"Nice dip. I can get twice as much to play with this time.
Sorry to you longers... this has to suck. Hope you had stop-loss orders set.
Heck of a swinger stock."
I do, indeed, hope you are making money. I make a little, though I don't have nearly enough time to swing trade and must adopt the buy and hold technique. I got into RHWC at what still looks like a very good price with a little patience.
By the way, your "shower" remark was quite amusing and, I believe, makes a rather interesting assumption. LOL! Good luck to you.
Correct! Their days are NUMBERED!
I didn't know that. I just thought it might be the "next step up" from the OTCBB. Okay, let's hope for the NASDAQ, then. I surely would not complain about that! Good luck to all of us. I am holding my shares for a good while. Heck, I'm back to break even today!
Today's PR is very reassuring.
I know that I had voiced some suspicions - suspicions based on other OTCBB stocks I have owned - but now I believe we can be somewhat assured that Reliant is a cut above the average. I would like to see this stock make its way to the AMEX in the not-too-distant future. GLTA!
In case anyone has any doubts, theArgiope is a basher disguised as a "swinger." There are actually very proficient swing players out there who make good money, but the genuine articles tend to go about their business quietly as opposed to trying (just a little TOO hard) to make a show on bulletin boards. I would not be surprised if this individual has never owned a share of RHWC. Just an observation.
Thanks, Soonergirl. I was concerned about the dilution issue, as I had gone through that scenario before with other OTCBB stocks that were behaving similarly to what we've been seeing with RHWC. The price would head upward a few pennies on PR, followed by a selloff that would drop it back to a lower level, at which point another PR would come out and the scenario would be repeated. Sometime later we'd get the "oh, by the way there are now twice as many outstanding shares" message. I was getting suspicious.
Hey, Soonergirl. Some of us are just saying that the ceiling might need to be lowered. That's all. I still believe this stock will go north at some point, but we have to acknowledge that momentum has been lost in the face of recent events.
Yes, .25 looks good to me, too. I'd go out with a 150% gain at that level. Let's keep our fingers crossed. I've actually slipped just below break-even today and I'd been hoping not to see that.
I'm guessing that a PPS somewhere in the 20s - maybe 30s as a best case scenario - is not completely out of the question before the end of the year. What do you think?
At this point, it is obvious that there are issues with this company that have not yet come to light. We may be in for some rather unpleasant surprises. I believe there may be some ongoing dilution taking place as the company seeks revenue for operations, which is not a good indication that they are making money through other means. This is VERY typical for OTCBB entities. The rest of this year, at least, is starting to look rather bleak. We need all the good luck we can get if we hope to even see the teens again. All those dreams of a $1.00 PPS are not even part of my thinking anymore.
Sir, I sincerely hope you are correct, as I own a pretty fair amount of this stock. As I've stated, I still see the potential for this stock to move upward. I actually have a profit at current levels with my cost basis right at .10, but I have every intention of hanging around to see what happens. Good luck to all.
Until volume increases SEVERAL times over and remains consistent at those higher levels, this stock will go nowhere. In its current state, RHWC can be manipulated almost effortlessly by the pros who know JUST how to make money in the OTCBB. Right now, I believe the company is one reality, and the stock is an altogether different reality. This is not at all unusual in the OTCBB realm where companies themselves often manipulate the stock to generate revenue for their operations. I have been suspecting this of RHWC for some time now. Good luck to all. This one CAN still fly, but, right now, I would be thrilled if it could just lurch back into the 20s again. That might wind up being the pinnacle.
I like the way you cobbled together a hasty, illogical response laid on a foundation of outdated information when you were caught napping. It made you look even more foolish than before.
There's your standard basher, like our friend Riskreward, who sticks to the tried and true formula in the basher's manual and doesn't pretend to actually know anything.
There's the unintelligent basher who strays from the manual and tries desperately to sound intelligent and authoritative.
And then's the above mentioned unintelligent basher who thinks the rest of us are even less intelligent then he is
I have no trouble placing you, sir. Please refine your craft before you humiliate yourself any further. Just some friendly advice.
There's only one problem with your assessment - wrong country!
Do your homework.
Yes, I noticed.
My point of view on that individual has altered somewhat in light or recent events.
I think some of the decrease can be attributed to the fact that certain individuals, one of whom we knew quite well, have finished dumping their shares. Just a thought.
Many who exchange information on stock message boards have a tendency to believe that there are certain individuals who have a clearer idea than others regarding the future of a stock. This is simply a fantasy, especially with an OTCBB stock like RHWC. No one has a crystal ball. My advice? Don't ever buy a stock just because someone else did, and don't ever sell a stock just because someone else did. MTCINC has had his opinions and I have not minded reading them, but, just as I have not been inordinately encouraged when he has spoken glowingly of RHWC, neither am I now inordinately discouraged in the wake of his selling. His is but one voice and one opinion among many.
Good luck to all.
Hmmmm. It appears that some are getting out as fast as they can. I sure hope there's not something we here on this board haven't heard about yet. Oh well, welcome to the OTCBB!
A PPS in the .30 to .80 overall range you describe would be an excellent appreciation for me. I would not be inclined to complain one bit! I tend to agree with you on your estimates, though I would not consider 1.00 to be completely out of the question.
The word "subprime" is toxic in any context right now.
This may take a while.
If true, I would say this:
The U.S. govenment will never learn. We need to take care of the tragic state of affairs in this country (securing our borders, saving our education system, aiding our decaying urbans centers, repairing our dilapidated national infrastructure, cleaning up our horribly polluted environment, etc.)instead of squandering precious lives and resources in tragically misdirected overseas military escapades.
When does the madness end?
Okay, now you know where I stand. I believe in putting America first, which the current administration refuses to do. No more poliitical commentary from me.
I was able to add just over 12K today to bring my total to 161,500. That will just about do it for my purchases, but I feel good about where we will be six months to a year from now. GLTA!!
All of you are making me feel good about my decision.
I own all of my current shares (149,350) at .10 - puchased last July. I may try to sneak in another much smaller purchase this week, but my PPS average should still be less than .11. I am NOT saying I was smarter than anyone else in getting in at this price, just very fortunate. I feel good about the future of this company.
UR
I love everyone's enthusiasm.
I am prepared to be thrilled beyond belief if this little engine chugs up to a dollar. If it actually goes higher than that, well, we REALLY backed the right horse! GLTA!!
I know I state the obvious, but volume IS the key here.
Shorters and flippers can control RHWC's share price indefinitely until volume increases several-fold over current levels. We need to reach a point - and I believe we will - where yesterday's volume represents an off day! GLTA!!
This is the day I've been hoping for.
I'm glad I didn't have to sweat it out deep into March. I believe the company knew how important it was to make good on the first quarter launch projection. Holding my shares for the long haul. GLTA!!
No crying involved, Tryme30.
For my part, I merely stated that, had the company failed to achieve its oft-stated goal of launching in the first quarter of 2007, which already represented a significant delay, that its credibility would have come into serious question. At this point, launching in March pretty much represented the last chance to avoid a bad slide back into single digits. Now we shall see if the REAL story unfolds - profitability. GLTA!
I agree.
Trust me, we do NOT want to see March come and go without a launch. If that happens, this stock will crash so far into single digits that it may never see .10 again. Investors will stop believing that the company is capable of executing its plan, and I will be one of them. We're already delayed SEVERAL months from the original timetable.
Do NOT doubt how critical the next month is going to be for RHWC's credibility.
Frankly, I'm surprised the PPS is holding up as well as it is on ZERO communication from the comapny. I would not have been at all surprised if we had fallen below .10 a little while back. Perhaps it's hope and optimism that's holding us in the mid-teens. It sure isn't anything tangible.