Replies to post #7019 on Reliant Financial Service Corp. (RFNS)

[2-edged-sword]

Not sure about the other 9% either. However, I did not come across any information from their news releases or from their web-site indicating any sort of connection to the sub-prime mortgage market. Not to say it could not happen in the future. Whatever happened to Brit Insurance? One of the primary reasons I bought into Reliant was because of their network...especially Brit and Centum. Frankly, I might have sold a long time ago if I knew that they no longer had associations with Brit or Centum. It is interesting that the Bank of Montreal discontinued their involvement in the Sub-prime market just before the market collapsed. I found that odd at the time and wondered if that was a bad sign rather than it being a good sign for Reliant, but continued on with Reliant anyway being overly optimistic. Oh well, I can't go back in time and whatever happens with Reliant will prove to be either a good or bad learning experience in many ways. I guess I will hold out until the end of the year and if things are still not looking good...I will jump ship and write it off on my 2007 taxes.