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Microcap & Penny Stocks : RWRD - Reward Enterprises, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (29)3/16/2005 10:21:45 AM
From: FARcom  Read Replies (1) | Respond to of 86
 
No explanation for the Jan dump. The CEO put out a news release saying:

Reward Enterprises (OTCBB:RWRD), a diversified financial services company specializing in sub-prime consumer lending, issued the following statement from its CEO Jeff Fisher:

"We are not aware of any material event that could have impacted today's drastic increase in volume and selling pressure on our common stock. Our business plan remains on course, and includes evaluating potential acquisition targets in the financial services industry that strengthen our position in the sub-prime lending market."

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There are about 15 people visiting RB and IHUB RWRD threads that have been scalping for 20% returns. BB's Penny haven thread on IHUB has been trading it. I noticed 3 of them mentioned picking it up yesterday.

BTW RWRD is a BB, not a pinkie.

Regards,



To: rrufff who wrote (29)3/16/2005 2:21:32 PM
From: jmhollen  Read Replies (1) | Respond to of 86
 
It's usually some arseport who is involved with their IR/PR campaign who got promotion shares that they were supposed to hold for higher levels. When those schmucks are gone then normal trading can resume.

John :-)
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