Replies to post #29285 on Relm Holdings Inc (RELM)

[ForzaFerrari]

Yes I agree not much demand at the moment. But to think we are still at .0006 with no demand, that's actually wonderful. No demand for buys is too bad, but no demand for sells I have no problem with. I think we are seeing a case of both here at the moment. Also as you mentioned, the bid dropped to .0004 today a couple times, and not one sold at that level, meaning the demand to sell the stock that low is zero, this is very healthy IMO.

It may just be a waiting game that shareholders are playing. Taking a look at last weeks volume, I believe that many are holding for higher levels.

Next week may be slow, or this stock could run 200%, that's the fun with penny stocks!

Oh and I did drink the Koolaid, picking up 8's and being down 25% was not what I hoped or expected for, hopefully you are doing a little better than me :)

GL to you, talk to you later.

[num1inv]

There is no demand for RELM per trading today! All other shares with low volume were at .0005 with bid dropping several times to .0004.

It is interesting that even though my order @ .0005 was only partially filled, the MM's dropped the bid/ask to .0004/.0005 and then filled me on the ask as a buy......... seems like it looked like there was no bids @ .0005 but mine had been put there 5-6 hours previous..... I wouldn't exactly say there's 'no demand'.

And just a week and half ago was .0009

And just a month and a half ago was .0003.

Sherlock Holmes