Relm Wireless
I’m seeing alot of people are looking for information on Relm Wireless, RWC, in our web logs. Probably because we traded RWC in the past and visitors found us via a web search because of that.
We have not touched RWC for months, however the stock is now off more than 50% from its highs. People are looking for reasons and it could be because of rapid insider selling.
http://finance.yahoo.com/q/it?s=RWC
The disturbing part is the amount of selling done by the CFO who actually sold perfectly near the highs.
Relm Wireless looks like a buy. I haven’t seen anything that takes away from the strong fundamentals. Its a possible takeover imo if the books are in order. There might be a smidge more down before it bottoms out, but definitely putting RWC on the watch list.
