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That depends on your broker. But from now on, there has to be real shares available for each trade.
All it means is that there have to be real shares to trade. No more phantom shares or settling 3 days after. It's actually a good thing. There have to be buyers and sellers now with real shares. Trade for trade, share for share. No more manipulation is possible.
That's what I'm wondering as well.
Why though? Makes no sense unless those shares purchased yesterday and this morning were bought under 0.0001 and then dumped for a gain.
Maybe or maybe not. Cellar boxing these stocks and hoping they disappear is apparently all the rage these days.
ETrade isn't trading RCCH either yet there are transactions happening. Those brokers not trading the stocks mentioned are trying their best to avoid paying for the huge short positions.
Be on the lookout for a descent volume day to happen just as it did a while back when 95 million shares went through. It'll be the MM's buying in as low as possible to cover their shorts.
RCCH, which is mentioned along with RBDC, had a 94 million share volume day today. RBDC can be traded if news or something from the company gave it a reason to occur.
Bahahahahahaha! 10,000 percent and I retire considering most of mine has been bought at 0.0001 and some at 0.00005.
Nice volume today guys. Bring on some more.
Why lets not come out with financials and verifiable numbers so shareholders can see exactly what's been happening for the past few years. Let's just make movies. And the bid is where again? Not good. Fluff like this is what gives others credibility.
I'm still here and taking it easy. Amazed at the amount of negativity yet where were we at a year ago at this same time? No bid but nope, no positive reactions even though many here assuredly are hoping for just that.
Either way, a message board cannot set the course for any stock. So for the sake of my own sanity, it's just better to lurk and laugh at those that preach their viewpoints.
No. It means that certain brokerages are using the DTCC as an excuse to not trade it. Their reasons are dubious though and it might have something to do with the fact that the stock is short and that they are in cahoots as to the cause of it.
RCCH is another stock listed with RBDC and it trades just fine. But many had to transfer their shares out of certain brokerages, and with resistance I might add, to do it.
Just the same amount of volume that's been occurring will suffice.
That's Newton's job now and not yours or mine. Financials and share structure are necessary for that type of volume.
I don't see much selling at this point. More likely they're waiting for much higher levels.
I hear you but all we can do now is wait and see what transpires. Be positive because a while back when everyone was complaining about the lack of a bid and the price, the outlook was much dimmer than it is today. We at least now have a bid and and ask and plenty of volume.
You make that sound like a bad thing. All it means is that it's time for Newton to produce credible facts about RCCH. It's really all on him now.
If Gene follows through with financials, I think it'll go much higher than 0.001.
Zecco still allows the trades to go through and they are part of Penson. The same Penson that clears settlements BTW.
A little under 3,000,000. It was a few months ago. It was nice to take $45.00 and turn it into 700,000 shares a few times with commissions.
I haven't sold anything. I bought most of my shares at 0.0001 and even a few at 0.00005. So you can laugh all you want to but I'm in the green and waiting for much higher numbers. How many others can say that? Or better yet, how many just want to dissuade others from buying at these levels?
Another company listed along with RBDC is RCCH. They've finally gotten a bid and ask after a few years of sitting at 0.0001. But the company has been active as of late as well.
A while back, a trading day with 95,000,000 shares occurred with RBDC. Why is anyone's guess.
It'll happen.
Actually it's starting to look like we're about the make some bank.
Now's the time for news Gene. Do it!
No. I own another stock mentioned along with RCCH and except for one day of 2,000,000 shares traded, it's had zero volume days. No covering and no buying.
Oh pay they will.
Say guys. Since some here like to post old emails and such, can we find some of their posts that said there would never be a bid again?
Me thinks someone is in deep doedoe.
Probably coming from someone here. How many did you buy today?
More volume. Hmmm, where is it coming from?
Fine with me.
Can someone post the level 2?
Depends on the broker. Scottrade will only allow you to sell but that doesn't mean others are following suit.
It means you can only sell through them. They won't allow you to buy because they don't want to be liable for any shorts.
I own another stock on the list and it's the same for it as well.
That's why the DTCC is doing us a big favor. News makes the MM's pay and pay severely.
Unless he gives investors reason to write the DTCC and voice their objections, then his call for action is falling on deaf ears. The DTCC just handed over power from Newton to us when you think about it. And I'm not so easily swayed now that I'll blindly let it go.
YOU WANT ME TO WRITE THE DTCC THEN GIVE ME A REASON WHY. ENOUGH IS ENOUGH.
I'm going to agree here. Give shareholders a reason to want to trade the stock Gene.
When did you place the order?
"jim, i don't think you get it, realisticlly, the dtcc suspension has limited impact on rcch, as there is little volume anyway."
For someone that has no stake here whatsoever, and likes to point out the facts, do be aware that the DTCC has more of an affect on this and the other companies than you let on. Especially if volume starts to flow.
Incredible. We are in a situation now where Newton has to produce. The DTCC action alone took away the MM's ability to provide liquidity. Don't you get it? Win or lose, at least we get the answers we've all been waiting on.
Enough man. We are all aware of the past so get over it and live in the present.