RE:RE:The only action is to GET OUT of RLV.. but noConference Call Zimmee,
Do you not look beyond the last tick and spot TRENDS?
This stock has FLATLINED at 3.5 cents for MONTHS...yes, it goes to 3 cents, then to 3.5 cents...and every time it goes to 3.5, what happens?
The Bid goes crazy - multiple millions!
Translation: There are tens of MILLIONS of shares waiting to be dumped, and since the trading volume is PATHETIC, they only show a bit at a time, hoping to slowly cash out rather than cause a panic.
People have given up and finally realized it's time to sell.
All of those "Ten Bagger!!" and "This is going to 20-30 cents!!" comments from MaterialWorld, Swyint and the others who were granted free warrants and shares in exchange for their bullish cheerleading have disappeared.
Now, their chorus is "YEAH, we are at 3.5 cents!!!", and "I know the fins (that I said would be AMAZING) were horrendous...and I'm not buying at 3 cents (even though I stated "Back the truck up!"), but JUST WAIT...good things are coming!!!"
Remember Enron, and how fast that went from a lot to ZERO once it became clear what they promised was not happening??