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First off Dave.. honesty... on this site there are what we call resident b***ers. When it looks like a stock is eady to rocket, that has been b***ed and cellar-boxed, they very frequently open a new account, say they're a newbie and ask these very questions to pass on opinions as to where shareholders are expected to sell so MM's know when to start shorting again so they can maximize profits.
If you're legit follow these simple rules.
1) Don't trust the opinion of someone you do not know (you do not know their agenda... if they are long or short on the stock)
2) Trade based only on your own DD
3) Learn how to read chart technicals (ratio, candlesticks,etc..) and certain normalities such as pullbacks, etc...
Personally, I also (as a newb) stumbled across RELM last Feb. and have accumulated continuously ever since based on my DD, regardless of what looks like (from my view) very obvious cellar-boxing (through such means as charting and info from the L2)
If RELM files their annual report Monday through the markets (as they did yesterday with the TN gov) then variables such as audited/un-audited, EPS, S/S, Management notes come into play.
Best of luck as a RELM shareholder,
Nate
Buzz is high! RELM posts are circulating on at least 15 boards over the last 2 days.
I just love looking at that accum/dist line.....beautiful!
By the end of next week we should be forming a Cross with the 10MA again......and then GameOver! ....flying out of the cellarbox with annual report.
15mil..that's a nice position
I like your way of thinking HJB. It really hasn't been covered in detail on this board (and usually gets trompled into the dirt when the subject arises) but the possibilty of the B-CLOC / C-CLOC / M-CAP / T-CAP program(s) becoming a viable and highly usable product for multi-facets of the banking and investment world is, as RELM says, ..... proprietary! :)
When trials are complete and this hits the market the possibilities are endless.
I've stated it before that my opinion (Disclaimer: as a large shareholder) is that RELM does not belong in the pinks. I believe that a president who's salary is RELM shares, may have that same opinion.
Cheers,
Nate
It's definately got it's beauties... rocky mountains in Albeta/British Columbia, red sandy beaches in Prince Edward Island, oddities/intricacies of NewFoundland...and on and on...... I've been lucky to travel and live in most of the provinces. I must say there are beautiful places in the USA.... I especially loved camping in Bar Harbour, Maine and driving the roads through Vermont and New Hampshire in the Fall when the leaves are turning is nothing less than stunning.
Cheers,
Nate
PS.. haven'y made it anyhere near Oklahoma.
Well HJB, lol, my ideas are even crazier than what I dare post on this board :)
Cheers,
Nate
It's the potential of audited fins that makes this one intense I think. Hopefully we see on Monday.
Cheers,
Nate
I think you'll like this info too...under the history tab
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
RELM Annual Report Monday? - link
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
RELM Annual Report Monday? - link
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
Watch Monday for annual Report!!!!... (link)
history tab
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
7's what what???? cents? or dollars??? CHECK IT OUT!!!! TWEET THIS!!!!!
Can you say ANNUAL REPORT?????????
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
"history tab"
no problem CS... ur the first to know... guess what I just saw:
http://tnbear.tn.gov/ECommerce/FilingDetail.aspx?CN=053130016245031005174004072020039114142111179024
... my spider senses are tingling!!!!!!!!!!!!!!!!!
Cheers,
Nate
RELM chart
RELM is REGSHO - day 5
http://regsho.com/tools/symbol_stats.php?sym=RELM&search=search
RELM has gov. contract with revs (monthly updates)
http://gss.omb.delaware.gov/contracting/contracts/394vur.shtml
RELM PR (2010) about audit forthcoming for all subsidiaries
http://ih.advfn.com/p.php?pid=nmona&article=42453387
RELM chart & DD
RELM is REGSHO - day 5
http://regsho.com/tools/symbol_stats.php?sym=RELM&search=search
RELM has gov. contract with revs (monthly updates)
http://gss.omb.delaware.gov/contracting/contracts/394vur.shtml
RELM PR (2010) about audit forthcoming for all subsidiaries
http://ih.advfn.com/p.php?pid=nmona&article=42453387
Yup just post, for example: "My pick is RELM @ .0005" .... and they look at all messages on the board to update picks for the week.
My guess is that trades 15 & 17 were shorted and the rest is retail @ .0005 (currently).
Last week I entered RELM as my pick on 'Alerts And Daily Hot Stocks Board' and got BRONZE.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62343690
It may help with visibility if a bunch of us posted it as our pick for the coming week as I know some of you have done in the past.
I am not asking for a pump, but simply posted as your pick to promote visibility of the RELM stock potential.
I believe they post picks with 3 or more investors having it as their choice.
Cheers,
Nate
My pick is RELM @ .0005. tks eom
And I'm gonna guess at some shorts today???
Cheers,
Nate
Have to agree with you on that.
My reference was not to disclude them but only to point out a few who have continued buying and now collectively hold more than any of the previous float numbers in RELM's history (Aud fins should clear it all up).
Cheers,
Nate
Considering the accum/dist line and current REGSHO... this time may be different.... simply for the fact that the (big) longs here have accumulated more (I believe the float is tighter this time around).
Nate
Actually that one was not a AON so it would've went through NITE or ETMM.... anyways, switched it to a AON for tomorrow... so even if there's nothing on L2......I'm there :)
I have to admit the joke was on me :(
I had a much larger order in at .0003 so they gave me a partial for 333 shares, cost me .0999 plus a $4.95 transaction fee..... that's .015 for me just to break even, plus the sell fee... so.. .03..... crooks!!! lol
You think the MM's might decide to go long on this now.... considering... ;)
RICH!!!! Woahhh!!! Easy now.... ur rockin the boat with words like that.... what to think, what to think?
I'm waiting to see... gotta a little powder left :).... looks like maybe there's some retail in there that the shorts are hiding behind on the L2.
Nate
Anybody planning on hitting 4's today?.... or strictly bid support?
What's that? MM' cranking the share press? lol
Check that.... ETMM and NITE now bidding @ 3
Unbelievable!!! All those trades went through and they finally gave me a partial at the end (686,554) as I was cancelling to re-enter a today-only trade to see if it would go through.
They held my trade for over 5 hours today!!!!!!! That can't be legal!!!
so much so I am working on a B/D to become an MM
Yesterday, after market close, I placed a GTC order for 1.5 mil @ .0003..... it has yet to be filled....
The order was placed through Questrade (Etrade) and was picked up by LAMP.... which, coincidentaly, is showing on L2 @ .0002. I'm curious as to wether or not a GTC (as well as AON orders) do not show on L2.
My pick is RELM @ .0003. tks eom
Very interesting. Tks or the DD E.
Nate
Nice DD Ken!
I was under the impression that the 315mil shares would be restricted.
Also thought that the liquidizing of shares was referring to the PCSO stock in portfolio. Haven't considered this.... won't be back to N Am. for another week so won't be able to look into this for a bit... sorry (crummy internet).
Cheers,
Nate
That rips off inocent investors at the wrath and doings of lies and deceit. JMO and Yes JMO for all times!!!