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I believe the real numbers are 2 0's short.
25,150 is really 2,515,0XX
9,999 is really 999,9xx
and so on.
Makes sense with all those trades going through @ 999,999 over the past few weeks.
Going to be nice when NITE starts showing their sizes..... and all the other MM's for that matter.
Going to be great to see if those numbers are legit now.
Cheers,
Nate
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
I see it either as a no bid for ever, or, much higher than .0005 or .0007.
The long and short.... a lot of messed up S*** happened but for any return on investment... TG's gotta pull the ultimate.
Cheers,
Nate
Email to Finra, sent today.
Good eye V! Something is definately wrong with this scenario. Considering the percentages, RELM should still be REGSHO. My initial belief was a printing press in the Caymans... so to speak, however, maybe it's more like a 'fail to notify' rather than a 'fail to deliver'.
Nate
As I said before.... water turns with the tide..... REGSHO, and EOY numbers done..... out of the wordwork to show the world what really is. Who has RELM stock? I know who doesn't ;)....who never did...
Cheers,
Nate
53,080,425....67% over 11 days.
After today.... 57,510,425 of 84,30,642.... 68% short over 12 RegSho days.
Cheers,
Nate
95% 20110503|RELM|4430000|0|4647000|O... Trades 1&3 are legit, trades 2,4-8 are shorts.
I find BMIC on the ask @ $1000.01 quite interesting.... considering it isn't on my ihub L2 and I was under the impression that MM's had to represent both on the bid and ask.
Nate
A couple weeks ago I put in a order for less than 10 mil shares and watched 3 MM's fall off the ask and uptick wih only a partial fill ..... paperthin here!
Ceers,
Nate
Glad I'm in.... wouldn't want to be chasing this when they finally PR.
ETMM @ 4 on bid
NITE moved from 5 to 6... how interesting! Strictly retail uncertainty? or MM uncertainty?
Nate
Just wondering if you had the time to annotate a RELM.pk chart, showing future influence of a current 11-day REGSHO listing.
Thanks much,
Nate
FYI: For those using Questrade please read!
I have not been able to log into my account.
After not receiving call-backs from 2 scheduled appointments yesterday, and no response to an intense email aimed at absent security measures, a phone call today landed me with the info... "your account has been closed."
Since there was less than $250 in 'My Balances' (my securities were not showing up in my balances page, as proven with screenshots back in February... check my posts) they closed my account which presenty holds a massive chunk of RELM shares (worth into the $10k's) and a healthy chunk of HESG shares (another sub-penny believed/rumored to have NSS).
Procedure limited the CSR from patching me through to anyone with any kind of say at the call centre. I was initially told that he had, "never seen anything like this before," and that he would open a case file and have my account re-opened within 2-3 days!!! After steaming out of my ears, he proceeded by saying his 'teamlead' was going into the 'back-room' to get it fixed ASAP, and I would be receiving a call-back.
I have my doubts about a company this size making an error of this magnitude from a program update back in February, and not running into problems yet and fixing the situation within 10 weeks!!
If you have RELM shares held in a Questrade account a quick check to ensure everything is Kosher may be in order.
Cheers,
Nate
Def agree with u that RELM is reversing long-term. The Accum/Dist line is looking great.
Nate
I think (not 100% sure) that they get 13 days for it to go RegSho and then have a forced cover on the 14th day...... either way it's this week... Wednesday or Thursday @ the latest.
Cheers,
Nate
gtg tks kv2
num1inv RELM .0005
RegSho - DAY 10
My pick is RELM @ .0005. tks eom
Cheers, KC, can't wait for it...... pretty excited!
Both RELM and PCSO file Annual Reports with their respective states within days of each other and no PR....... gonna happen all at once!!! I believe they know exactly what is going on and realize there is only one way to fix it. I think we got the box of 'smart cookies' lol.
Cheers,
Nate
Billy, Billy, Billy....... I believe them if that's what they said.... look at this...... it's called 'Ducks In A Row'....
http://www.sunbiz.org/scripts/cordet.exe?action=DETFIL&inq_doc_number=L10578&inq_came_from=NAMFWD&cor_web_names_seq_number=0004&names_name_ind=N&names_cor_number=&names_name_seq=&names_name_ind=&names_comp_name=PROTECTIVECAPITALSTRUCTURES&names_filing_type=
What is suspicious is the fact that those shifty trades at the end of the day were all shorts. The first trade today was legit and the following 4 trades were all shorts..... that's a manipulation of 25% in the red within the last 4 minutes today. Completely criminal IMO.
Sherlock
That was quite the shifting around last 4-5 minutes.. definately some questionable trades there.
Nate
ETMM is @ .0004 now.... I wonder how many buyers that 1 MM is representing????
The water turns with the tide... now I know for sure what I had guessed all along...... looks like we're getting close when this happens.
Cheers,
Nate
And you know it's amazing... from the little time I watched L2 and the small buy today (my own)... it seems as if the MM's let it trade based on actual market orders.... interesting....
Nate
mmmmmmm. wait till that MACD crosses zero.... :)
Nate
Gotta wonder if they're holding buys like they did to me last week (5 hours).
Nate
RELM L2 (very thin)
Bid:
UBSS, NITE, ETMM @ 3
ASK:
ETMM @ 5
NITE @ 6
UBSS @ 7
RELM DD (Links & Charts)
RELM filed Annual Report with TN gov on Friday but not to the public. Might see on Monday just how undervalued the stock really is.
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
One subsidiary (Versalign) has gov contract with state of Delaware grossing approx. 1 mil annually through just that one contract:
http://gss.omb.delaware.gov/contracting/contracts/394vur.shtml
A preliminary page for Versalign Credit check shows the possibilty of Versalign expansion from: Headquarters and 1 branch, to possibly, 5 additional branches.
https://smallbusiness.dnb.com/ePlatform/servlet/IballValidationCmd?storeId=10001&catalogid=70001&selectionmode=none&searchType=BSF&productId=0&manPartNumber=&busName=versalign&state=US&country=US&IPAddress=158.151.240.40&encryptedSignature=4438300066c78eb0e050911aaaa6abc1366326ffa8662b1cffbb32d40497f80617d7b34a15df8d84a9fea66c6955c3d887070286b0292fe8561b6a5be12687cd325ca661990f52344eb860c1823f2679534559652c9354a332a2f1469b1bcf5cabf7aada955a99bf3b7d28f612c3992ef5492ae8de8737678da43e2344141c82#goTop
Additionally, RELM is now REGSHO - 5 consecutive days
https://smallbusiness.dnb.com/ePlatform/servlet/IballValidationCmd?storeId=10001&catalogid=70001&selectionmode=none&searchType=BSF&productId=0&manPartNumber=&busName=versalign&state=US&country=US&IPAddress=158.151.240.40&encryptedSignature=4438300066c78eb0e050911aaaa6abc1366326ffa8662b1cffbb32d40497f80617d7b34a15df8d84a9fea66c6955c3d887070286b0292fe8561b6a5be12687cd325ca661990f52344eb860c1823f2679534559652c9354a332a2f1469b1bcf5cabf7aada955a99bf3b7d28f612c3992ef5492ae8de8737678da43e2344141c82#goTop
Also, high percentage shorts last few trading days:
http://regsho.finra.org/FORFshvol20110421.txt
Barchart Cheatsheet:
http://www.barchart.com/cheatsheet.php?sym=RELM
Stockta.com technical Analysis:
http://www.stockta.com/cgi-bin/analysis.pl?symb=RELM&num1=3&cobrand=&mode=stock
RELM S/S & Company info:
http://www.otcmarkets.com/stock/RELM/company-info
Previous Financial Filings:
http://www.otcmarkets.com/stock/RELM/financials
Monthly share volume report:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=RELM&SortBy=volume&Month=3-1-2011&IMAGE1.x=27&IMAGE1.y=6
RELM subsidiary (Versalign/Access Versalign) historical earnings through State of Delaware Government contract:
http://php.delawareonline.com/stateCheckbook/F456/byVendor.php
RELM Daily Chart
RELM Weekly Chart
RELM filed Annual Report with TN gov on Friday but not to the public. Might see on Monday just how undervalued the stock really is.
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
One subsidiary (Versalign) has gov contract with state of Delaware grossing approx. 1 mil annually through just that one contract:
http://gss.omb.delaware.gov/contracting/contracts/394vur.shtml
A preliminary page for Versalign Credit check shows the possibilty of Versalign expansion from: Headquarters and 1 branch, to possibly, 5 additional branches.
https://smallbusiness.dnb.com/ePlatform/servlet/IballValidationCmd?storeId=10001&catalogid=70001&selectionmode=none&searchType=BSF&productId=0&manPartNumber=&busName=versalign&state=US&country=US&IPAddress=158.151.240.40&encryptedSignature=4438300066c78eb0e050911aaaa6abc1366326ffa8662b1cffbb32d40497f80617d7b34a15df8d84a9fea66c6955c3d887070286b0292fe8561b6a5be12687cd325ca661990f52344eb860c1823f2679534559652c9354a332a2f1469b1bcf5cabf7aada955a99bf3b7d28f612c3992ef5492ae8de8737678da43e2344141c82#goTop
Additionally, RELM is now REGSHO - 5 consecutive days
https://smallbusiness.dnb.com/ePlatform/servlet/IballValidationCmd?storeId=10001&catalogid=70001&selectionmode=none&searchType=BSF&productId=0&manPartNumber=&busName=versalign&state=US&country=US&IPAddress=158.151.240.40&encryptedSignature=4438300066c78eb0e050911aaaa6abc1366326ffa8662b1cffbb32d40497f80617d7b34a15df8d84a9fea66c6955c3d887070286b0292fe8561b6a5be12687cd325ca661990f52344eb860c1823f2679534559652c9354a332a2f1469b1bcf5cabf7aada955a99bf3b7d28f612c3992ef5492ae8de8737678da43e2344141c82#goTop
Also, high percentage shorts last few trading days:
http://regsho.finra.org/FORFshvol20110421.txt
Barchart Cheatsheet:
http://www.barchart.com/cheatsheet.php?sym=RELM
Stockta.com technical Analysis:
http://www.stockta.com/cgi-bin/analysis.pl?symb=RELM&num1=3&cobrand=&mode=stock
RELM S/S & Company info:
http://www.otcmarkets.com/stock/RELM/company-info
Previous Financial Filings:
http://www.otcmarkets.com/stock/RELM/financials
Monthly share volume report:
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=RELM&SortBy=volume&Month=3-1-2011&IMAGE1.x=27&IMAGE1.y=6
RELM subsidiary (Versalign/Access Versalign) historical earnings through State of Delaware Government contract:
http://php.delawareonline.com/stateCheckbook/F456/byVendor.php
RELM Daily Chart
RELM Weekly Chart
It all looks great Billy! Volume coming me thinks!
Nate
Nope that's it. Here's what it means:
The annual report (2010 Year-end financials) that was due on April 1 was given to the TN government on Friday (so they are completed).
The reason the address info is updated is because they only list info that changes the entity details such as address, a/s, name, etc.
So basically RELM has completed and handed the report to the gov but not yet given it to pinksheets or PR'ed about it. We also do not yet know if it is audited or unaudited.
Cheers,
Nate
Nice! Tky for posting that.
Nate