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.

Tags: , , , , ,