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Re: JerseyJoe post# 6750

Monday, 08/20/2007 4:10:02 PM

Monday, August 20, 2007 4:10:02 PM

Post# of 11318
The chart is definitely similar to last year, however, the situation is much different now with the Sub-Prime fallout. Exceed's latest news last week indicated funding trouble as the main reason why their stock has nose dived. However, they are well established and have mutiple funding sources and will likely whether the storm.
Reliant no doubt is running into problems as well.
What we need from Reliant now is an honest straightfoward summary of what is presently happening and what Reliants prospects are for continued business. We are all big boys and girls and can take the truth...if they are having problems selling off their Mortgages...just tell us and the reason why. I think you would keep more shareholders on board in the near future with reporting actual business dealings rather than coming out with just more projections while at the same time reporting no Revenue. Of course that is just my opinion which also does not really matter.