The recent fall of Awesome Penny Stocks after, not one, but two of their tickers were suspended within days of being alerted on has left a large number of investors dumbfounded as to if investing in OTC stocks is worth the risk. Those who do their own due diligence like we do very well could and should stumble across Reliability Inc. (RLBY) and why a $1,000 investment could turn into $10,000 without virtually no risk at all. Considering how the former portfolio manager of Soros Fund Management and Viking Global Investors, as well as board member of a list of bigger board listed penny shares, RLBY stock at anything remotely near he current ask is sure to be a winning trade.
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RLBY Stock Quote
Market Cap: 540.53K
Last (Thursday, Oct 17th): 0.04
Issued and Outstanding: 13,513,333
Jeffrey E. Eberwein: 6,786,588 (50.2%)
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At the start of the month, Jeffrey E. Eberwein acquired control of Reliability Inc., a shell corp., for $100,000. This is a significant move for investors who have any inclination as to how to buy a penny stock for cheap and patiently wait for the share price to appreciate.
On the same day Eberwein acquired control of RLBY stock, the well-seasoned investment manager launched Lone Star Value Management, LLC with $50 million which came from his own pocket as well as “friends and family”. With the intention to target investing in U.S. and Canadian companies with market capitalizations below $1 billion. The first move, for Lone Star Value atleast, was a 2,305,000 share, 5.7% stake in Callon Petroleum Co. (NYSE: CPE) which, since the time of the 13-D filing, is up 70.29% since he began accumulating positions in the independent oil and natural gas company.
Outstanding first move to say the least, but that is what should expected from a President and CEO who spent 20 years on Wall Street, 3 of the most recent, January 2009 to December 2011, as a Portfolio Manager at Soros Fund Management, a privately held American hedge fund management firm founded in 1969 by the greatest investor of our time, George Soros.
If this isn’t enough to sway an investor to grab RLBY stock before the rest of the crowd finds out about it, perhaps Eberwein’s other influences may help pull the trigger. Because of his track record at two of the best hedge funds in the world, Eberwein also holds board positions at, each of which trades for way less than $5 a share:
On Track Innovations Ltd. (Nasdaq: OTIV), +105.81% since 04/25/13;
NTS, Inc. (NYSEAmex: NTS), +126.74% since 12/31/12;
Goldfield Corp. (NYSEAmex: GV), +27.81% since 09/25/13;
Digirad Corporation (Nasdaq: DRAD), +49.27% since 12/31/12; and
Aetrium Inc. (Nasdaq: ATRM), -16.81% since 07/25/13
Those results coupled with the first move made by Lone Star Value in CPE stock all dictate that taking a position in RLBY stock is about as reliable a chance of seeing a 3x, 5x, or maybe even a 24-bagger as can be found on the OTC without any pumping. Look at it this way:
From 0.04 to 0.40, that’s 900%;
At 0.50, you’re up 1,150%;
Once you check the L2 for RLBY, you can see why $1, 2,400% is realistic.
The float is minute and the chances of a pig seller being around are highly unlikely. A run on volume could easily make RLBY stock a target for the patient investor and a sure source of short- to mid-term wealth.
About RLBY Stock
Reliability Inc. is still considered to be a shell corp.
Click here to view the SEC filings for RLBY.
Last 5 Trading Sessions:
We strongly considered issuing an alert on RLBY stock to our subscribers but quickly realized that this kind of penny stock shouldn’t have to be promoted in order for investors to flock towards it. It’s as sound as any investment out there right now despite the fact that it is still considered to be a shell corp. Since the shares are tradeable with a few market makers on RLBY stock, picking up a couple hundred, or a couple thousand shares would be like putting money inside your mattress but with a much better rate of return.
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