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Holding steady at these prices. it seems MM can't scare people away,knowing the 15th is upon us.
They could have let it run to .10,but they know people who bought in at recent low would be heading for the gate. Then again it could be that MM don't know what's going at Reliant or else the stock would have bolted to the up or downside.
Subprime gettng kill,but we are holding steady,who know?
Yes I did. Blessings on this as well.
Respect to you on this one. I flipped HOKU and put most of it into RFNS. Hope it wasn't a mistake.
Still keep an eye on HOKU though.
Ok,I didn't see that he had mentioned HOKU on this board. I guess I jumped the gun. Hey..are we human? heheheeee
I saw an investor from here with a name ending in "Joe" posting on the HOKU board. Interesting what he is saying about which stocks he owns.
Wolves in sheep clothing..huh
So I guess u dumped Reliant huh?
Oops,wasn't watching the market.
Hey I completely understand,but they did not say revised projections. They said new projections. This could go either way.
At one point,I thought they said they would start generation revenue in the 2nd qtr? If they can gererate some revenue,that is good for me. It's a start IMO. Too lazy to go back and check. Too hot in Georgia.
I must be drained. Bottom & years I meant to say.
we can all hope. Botton is very hard to predict. Year from now we could look back and say "danm i had the opportunity to buy this stock at .02cents" or the opposite. Time will tell.
I guess I better go to sleep for work tonight. Soonergirl is you're reading this,I hope I was rich. 2morrow folks.
2morrow is a whole new day. Lets see what it brings?
Blood are in them there streets. Heheheee. Down 95% so what the heck..$250.00 more want a difference. If it rebounds then I will good.
called the company,got answering machine. Wow. I must be a fool because i bought 10k more at .02
On a positive note: I like the way they got all the bad news out or at least I think all the bad news b4 August. The verdict is not in yet,lets waiting until the 15th to hear it.
lots of unanswered questions. Where was the President all this time? What is the real reason behind him stepping down? Was he out playing golf? Was he sick and couldn't run the business etc? Was he shorting the stock, or could it have being him dumping his shares knowing his days were numbered?
Hmmmm, I wonder...
no problem. make money
MUSH,here is a good long term gold play for u. 630 ounce is a joke. Checkout CEE.TO or on the pink. TOO lazy to check my porfolio for the pink symbol. Over 9 million ounces of gold.
I concur,picked 16000 more shares today.
Hey the man could have been sick. We haven't heard much from him lately. He could have been too sick to run the company. JMO.
yet,picked up 4350. 103k shares now. If Reliant makes it,then I'll be looking nice. Not that am bad looking,but heheeehee you know what I mean.
They did say Aug,we should hear something.
I got an order for 4300 shares. I too like your think good number would do us well. Keep the faith
Hope so,I am to 96K plus between my two account. Catch you later,Off to sleep for work tonight. Hope Aug bring us good things from Reliant.
I will buy 4200 more at the close. Order is queued waiting to hit the buy button.
Which moon is that? $000.00 Moon?
Second that emotion. 2 billion O/S. what a joke? 30 Billion A/S. This stock is DOA.
Santa good points. Maybe you can run your those success ideas by Reliant.
I am in the same situation. Between my 2 accounts I have 90K shares. I am tempted to add more if it drops below $0.04.
The company said they moved to a bigger office space. If business is not good why move? I am thinking bigger space means bigger rent or purchase. From the shares holder update Steve stated they will have a new projection. He did not say revised projection.
I may be out of on a limb here,but these guys own 77 millions shares. The volume did not hit a million in any trading session. One poster posted that it could be retail dumping due to margin call or just panicking.
At this stage,it makes no sense for me to bail. If they were on virge of bankruptcy then my feelings would be different. I have been known to wrong a few times,I hope I am not wrong this time around.
U are one funny mo-f. Heheheeee
I look at it this way: if numbers are good then I will be smiling early. If they are not up to snuf,then like you said, we have wait longer to smile. I feel the job lost protection should is a key feature of Reliant. When a client take a mortgage that client is paying insurance on that mortgagee to Reliant's insurance company. That is income to Reliant and don't see why brokers wouldn't push such a product.
Man, I must have blinders on,because i just bought 3980 shares at $0.054. From the share holder update last week,I did not get a sense of bad numbers of things coming our way in Aug. Rfns got in the subprime business at the right time. Learned from NewC mistakes and offer job lost protection. Like I said b4,may am like a horse with blinders on. Well if numbers in Aug look good then I will smile all the way to the bank. If not,then I will feel the pain of waiting until next years.
I could have said it better. I had a lot of share in this co. I reduce my holding down to 500 shares after they mentioned the contract. It just didn't sound right. 41 million dollar,yet they couldn't put down a down payment 2 million.
Man,Gtel pulled the same crap and ended up in the sitter.
This Ceo switced is stories too many times.
Ok,time will tell. Lets see who is right or wrong. Gtel did the same thing.
Yes,in about 2 more weeks or so we should know.
Man, if this summary doesn't mean good things to then I don't know what else to say.
"In the next month Reliant will announce our updated business plan and new projections, which we will make available to all shareholders as previously announced. Reliant continues intensive meetings and discussions with a large insurance provider to provide a financial grade wrap to our mortgage pools. When completed, this wrap will allow Reliant to be very aggressive in the LTV ratio market and ensure profitable pricing when selling or refinancing our mortgage pools and alleviate large cash first loss pools. Reliant is still in the process of attracting long term experienced Directors and Officers for which we will announce in due course. We believe it will be critical to our company's success to bring a strong board of directors and officers to the company."
This stock remind me so much of Gtel. Gtel said they have received a 600 million order from russian co. When the time frame came around for them to deliver,the said they had some delay with their bank.
This co is going the way of Gtel. I bet they will never see a dime from that company who placed the order.
This is just a scam.
Well I counter him/her with a 1530 buy at 15:59:30. hheeheheee
Ah,I wish I did. The move in the stock could be the fact that I emailed the link about their demo to a bunch of my friends.
This is just a wild speculation. Maybe everyone checked out the demo.