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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » RWRD, seems to be a lot of coverage today (Page 9)

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Author Topic: RWRD, seems to be a lot of coverage today
TonkaToy
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I agree. I would avg down if I had some free dough but can't right now.
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stocktrader22
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We just got an MM signal of 500 shares at .109 way above the bid, I think I recall that means we will gap up or down, but most likely up based on the higher trade price.

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TonkaToy
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I read here on AS that it means:

gap one way or the other, usually in the direction of the 500 trade

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stocktrader22
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yes the 500 trade was above the bid and hit the ask of .0109 meaning we should gap up at some point

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TonkaToy
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Havent seen any trades since the signal, is it just me?
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stocktrader22
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nope havent seen any either, this baby is getting so manipulated it isnt even funny, once the smoke clears I expect to see .03

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TonkaToy
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Weird, the volume was explosive all day and right after the 500 signal, there have been zero updates to the volume.
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stocktrader22
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some idiot on raging bull claims he did the 500 signal to test the bid and ask

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TonkaToy
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See that foo on RB saying the 500 was him?
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stocktrader22
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hah acutally it probably was him, he said he was going to do one at .01 and actually did.

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Pezoi
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Had to go away for a long lunch. Rwrd was giving me a headache. Sumpins gotta giv!
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stocktrader22
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pezoi im gonna stick with this one even though its down a lot, I think with some good news and buyer interest this thing can run, float is 24,000,000 which is small. I am holding for .028 or higher

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Pezoi
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Yea, with all the news rumored to come out I know it'll turn around, especially with all the volumn. I'm holding cause I gotta now. Funny, my girlfriends always said I had a committment problem, they should se me now!
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stocktrader22
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lol, yea some news would be nice, the volume though is getting a lot better than in its past.
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Pezoi
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For a pig this stock sure spends a lot of time at the top of the board...good things to come?
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stocktrader22
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haha it stays up on the board cuz I post alot in this thread, im just frustrated.
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stocktrader22
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some people at raging bull suggests that its the start of cup and handle formation and it may take a while but it will explode from it.
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stocktrader22
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so anyone wanna analyze a chart and see how it looks.
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stocktrader22
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oversold at 32rsi

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stocktrader22
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Anyone got an opinion on this one?
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sonnydbar
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looking at just candle stick analysis a black opening marubozu formed, in other words the price went down from opening but did not close at the low of the day. American Bulls confirmed there sell recomendation. Looks like it is still sell today if the opportunity arises.

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stocktrader22
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what does the marubozu mean, meaning its going down today? but it will rise first?

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salvia123
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so is the overall consensus that there won't be movement up today?
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stocktrader22
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maybe not today but they are in the process of getting their charter from a bank in south dakota for their credit card services.
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sonnydbar
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quote:
Originally posted by salvia123:
so is the overall consensus that there won't be movement up today?

strictly looking at analysis the stock is down more than 9% in the last 5 days, the sell reccommendation is confirmed so you may see some bailing today, not drastic but no indicators of the price rebounding. all imo for what it is worth, I've made money and lost money using strictly analysis. have a great day all.

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salvia123
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thanx for the tips, feeling good for the week \

we will see

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stocktrader22
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I am taking a huge hit on this one, but I think in a month we will see .03-.05

once they get their bank charter they will have the credit cards ready and they are in the process of setting up the company for success.

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Elvisdog
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Press Release Source: Consumers Choice Financial Services, Inc.


Reward Enterprise's Consumers Choice Unit to Rollout Phase One of Web Site Operations in Late February
Wednesday February 2, 8:01 am ET


HOUSTON, Texas, Feb. 2 /PRNewswire-FirstCall/ -- Reward Enterprises (OTC Bulletin Board: RWRD - News), a diversified financial services company specializing in sub-prime consumer lending, announced today that it plans to have the initial phases of its web site http://www.consumerschoicefinancialservices.com/ operational later this month.
The web site will be brought online in three stages with Phase I completed in late February. Phase I is focused on collecting contact information for potential customers that are requesting information on the Company's wide array of sub-prime products. Auto lending will be the first loan product that will become operational on the web site.

Phase II of the web site project will be to promote the site and bring increased volume of potential customers to the site. As previously announced, additional products such as identity theft protection, insurance and mortgage lending programs will be introduced throughout the year.

Phase III will be the fully developed site that will include credit card lending. This stage is dependent on the Company completing its bank charter application and approval process.

President Jeff Fisher commented, "The Company's web site is an integral part of our business plan. We have had many inquiries on the site lately and I want to emphasize that our web site is still under construction and we are preparing it to become interactive later this month. Each month, the site will function more seamlessly and efficiently as more products move on-line. We will issue news updates as we make progress towards creating a comprehensive, consumer-oriented financial services website geared for sub- prime lending."

About Consumers Choice Financial Services, Inc.

Consumers Choice is a consumer financial services company with operations in consumer debt-acquisition and many facets of sub-prime consumer lending. Based in Houston, Consumers Choice has an aggressive growth and expansion plan that includes a bank charter for issuing credit cards to targeted sub-prime consumers. For more information, visit http://www.consumerschoicefinancialservices.com.

Statements about the company's future expectations, including revenues and earnings and all other statements in this press release other than historical facts are "forward looking statements" within the meaning of section 27A of the Capital Securities Act of 1933, section 21E of the Securities Exchange act of 1934, and as the term defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the company will appropriately inform the public.

For more information, contact:
OTC Financial Network Reward Enterprises, Inc.
Rick McCaffrey, Investor Relations Vera Ferkashun
781-444-6100 x621 713-937-1117
rick@otcfn.com mail@consumerchoicefs.com


--------------------------------------------------------------------------------
Source: Consumers Choice Financial Services, Inc.

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salvia123
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keepin it positive...love good news

lets see green today!!!

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salvia123
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she's bouncing back!!!!
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