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Yes, iHub's legal protections may be rock solid but those protections do not extend to posters.
Yes, but I wanted to discuss something else off the board; thanks
Thank you Shana. Please send me an email when you get a chance.
It's about time for the RELI PR machine to start putting out some concrete, substantive news. Of course, there has to be something to PR, but I'll be damned if we're not close to hearing something from Ezra.
Shana, I've been a member for a long time but have no interest in subscribing again. Feel free to email me at my iHub name @yahoo.
Time for some RELI news to drive the next leg up towards dollar land
I never said the MM's are responsible for the lack of demand for shares. I said because of the lack of demand, they're going to take it down as far as they can, which they do every time with RELI and any other stock.
No buy pressure, MM's take RELI down. Again, only concrete news will get us out of this channel.
Now would be a good time for RELI to put out some significant news, not a fluff PR. The stock is primed for a big run but needs a catalyst to create the necessary buy pressure.
Sounds like a plan. I always stay within walking distance of Harrah's (Westin, Loew's, Doubletree, or JWM); went there Monday night and made a nice profit playing blackjack and a nice spin on one of the high limit slots, then gave it all back Tuesday night! I'll let you know when I'm headed back, next trip is probably sometime late August.
I to to NOLA a lot and was there yesterday. Walked out of the JWM on Canal at 7:30 am and it was already flooding so I went right to the airport and caught a flight back to Houston. Be safe.
This is typical penny stock behavior. Right now the MM's are in total control of the price. Take it up on some buy pressure and take it down when it dries up. RELI is wound up about as tight as it can be, a decent run should be coming soon especially if they put out substantive news.
RELI will settle down with 76.5k shares on the ask at .17; unless we get another big buyer. Now would be a good time for substantive news.
RELI looks good but there’s not enough buy pressure yet and that spread has to close.
This is all Ezra’s fault, he knows the real estate and insurance businesses but he sucks at picking PR firms.
Still holding RELI strong and still have faith in Ezra's ability to achieve his goals. Things should start to heat up very soon, this stock is wound up about as tight as it can get.
Thanks Shana, you have a nice weekend also
Seriously, I'm only allowed to put 5 people on Ignore and I'm at that limit. I don't want to have to buy Premium again just to ignore Q's jibberish. Let's focus on the company and it's potential!
This is why it's taking longer than investors want, it would be much easier and cheaper to acquire them through RELI than having to do these through RGH first then have RELI acquire them from RGH. Ezra isn't going to p*ss money away for a few extra weeks of due diligence and audits to complete these LOI's.
Depending on the timing of the completion of our SEC-compliant audits of these agencies, they might first be acquired by RELI's affiliate Reliance Global Holdings, LLC, and then acquired by RELI shortly thereafter, pending the completion of RELI's audit, which is in progress.
Patience is a virtue. There is NO reason to believe Ezra won't perform.
Not enough buy pressure to test .20 today but as long as RELI keeps making higher highs it’s all good and it’ll happen soon.
It's nice to have a CEO with deep pockets and using his own funds and assets to build something like RELI, and doing it with proven professionals, not scam artists. Thanks for posting that link, it is well done.
I agree, RELI will move once Ezra starts closing these deals. I have no doubt that will happen, and when it does it'll be a snowball effect on the stock price as each acquisition is finzlied.
I agree, I only look at the stock price once or twice a day now I have no intentions of selling RELI until we see multi-dollars.
2 things need to happen for RELI to make that big run: close some of these deals, and hire a new PR firm that can get the word out to investors about the company. That will weed out the penny traders and bring in some serious, long-term holders.
Doc, I agree. That's what I mean when I say "buy pressure", the bid will move up and there will be no choice but to hit the ask to get shares. But right now there's not enough buy pressure so we're seeing bid sitters waiting for a seller to dump some cheap shares.
MM's are not going to let it break 20 until we see more buy pressure. I think it'll need to trade 500k+ shares and then we'll get thru that resistance.
Who is going to take out that 120k block, assuming it's real? Holidays always slow things down but I expect Ezra to have something concrete out on the wire soon that will create the next round of buy pressure and push the price higher.
I’ve done it many times so I don’t question his truthfulness.
Merry Christmas!
I’m talking about the next few days/weeks
Agree, anyone who wants size will have to hit the ask. I still think we see a nice run later this week or next, but I'll take late today for sure!
I wish we would but I doubt we see .18 today with only 2 hours left and most buyers out doing last-minute Christmas shopping! It's only a matter of time though, I think we're going to see a slew of big news right after the holidays.
Stocks close at 1:00 PM EST today
Now that's a real CEO for ya!
That too, but make no mistake laws have been broken and people have gone to prison for these types of SEC violations by posters. One day some hard lessons are going to be learned by some of the more prominent ones. If they think people are going to allow it to go on forever, they're sadly mistaken, some of us know people in pretty high places that can actually do something once and for all.
Yep, but Karma is a b*tch and what goes around comes around. Just have to withstand this manipulation, nothing has changed and the volume clearly shows most longs remain strong.
Shana, my sincere condolences to you and your family.
Yep, the Three Bashateers are going on block now.
I'll bet dollars to donuts that he was the one who sold yesterday, he had already heard from Scott and dumped in a panic so he could get out.
He still won't answer the question as to why he didn't push Scott for further details, such as "at what price would the company R/S?". There's a big difference doing a 1-1000 R/S at .15 vs. doing a 1-3 at $4.00. Why avoid that key point?
The stock held up fairly well today considering we know it's volatility. Heck it traded at .129 yesterday after blowing past .20. We know who caused that drop. The MM's could have destroyed it today but they didn't. Hmmm...