Relm Holdings Inc. (RELM)

[marketschmarket]

They were likily real trades.. Fear as a hard thing to control. The market has been taking a pounding and general fears across the market are growing. The MA50 was broken last week which many thought the DOW would fall to the 8300 range.. Yesterday we had a god jobs reports and albeit small, economic growth... The dow surged 200 points and we say our volume increase. The ones that have been watching their investment go down the crapper jumped at the oppertunity to sell while the ones who saw the recover as a positive move bought. I actually share the same sentiments and prior to yesterdays 200 point gain was considering moving much of my position into cash. Had nothing to do with this stock as the pinkies are the bottom ( but most fun ) priority in my investments. Today I sit here with new optimism that we can maintain the 10k range and that the economy is still stabelizing.
To put this in a general perspective, the entire dow does well, I have more money for pinks and they have a better chance to "make it", the dow does poor and the pink companies have less of a chance. Less financing options, less sales to go around, etc. I completely believe the pinks have been taking a beeting even though everyone COMPLETELY believes they do not follow each other...
I call BS, when lending becomes more stringent and financing becomes much more difficult the pinks especially are forced into dilution mode.. this PPS degenration... If they DOW was on a constant uptrend you would see many more announcemnts about loans and sales.. This I know.