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How about living in the present? I am.
Who's ignoring the past? But why would anyone use it to predict the future?
Let's be realistic here which some of you aren't being. New revelations come out and you guys are still looking at the past.
Yeah but during these past two years, none of us had ever heard of the name Gendarme either.
Again, Newton has no more excuses left. And I'm willing to sit by a little longer to see how this pans out.
Tis your problem. You look at the past as a way to predict the future. How's that working for you? Why even post if you already know the outcome?
No more excuses now.
I'm not projecting anything for RCCH. I'm hoping that once this matter is cleared up, that Gene is left with no more excuses. Hence why I say the DTCC is a good thing. Everything now falls on his shoulders to produce verifiable information to get the stock moving and RCCH past the scam label.
It's all up to Gene now. There are no more excuses left.
And as far as Newton is concerned, he'll have to contend with this if his actions merit it.
“In cases like this, there’s varying degrees of involvement. Sometimes, stock distributors are in charge and selling out shares without the issuer’s knowledge. Then, there are other cases where the issuers are involved,” he said. “When, or if, we determine there’s evidence the issuers violated the law, we would take action against them as well.”
Did Gendarme do this?
"The defendants allegedly bought debt owed to officers at three other companies, converted the debt to stock ownership in those companies, and sold it at large profits in the form of unregistered securities."
Or did he do this?
The SEC alleges that Gendarme repeatedly acquired deeply discounted shares from penny stock issuers under the pretense of a long-term investment and then dumped the shares into the market, essentially effecting public stock distributions without complying with the disclosure requirements of the federal securities laws.
What do you mean?
What was that?
He doesn't need to but he will.
What is needed to make the lock downs come off?
We're going to get a share count for sure. The DTCC action has made that almost inevitable now.
Until relevant information comes out that will not only clear the matter up, but bring in demand as well.
Now you understand why I view the DTCC as a positive. Anything of real value that places demand on RCCH stock will be good for all of us. The MM's can't create a market now. They need our shares to do it with and we control the prices at which they can get them.
Everything now is up to Newton to produce if he wants the stock price to go up. Agreed?
What you fail to realize is if the shares are valuable enough, brokers will trade them because others want to buy them. Supply and demand is what it all boils down to.
The DTCC ruling just reinforces what others here are demanding. Real business.
Not sure. When news hits just know the shareholders control the market and not the MM's.
MM's need real shares now. Liquidity is gone for these stocks and any stock that suffers from manipulation like RCCH has is in good shape now. If Newton takes advantage and releases pertinent information to business and share structure as I'm sure he will, the shareholders will control the outcome. And they will dictate the prices. No more bid whacking or anything of that sort since MM's are now on the hook to produce the shares they trade. Without meeting the prices asked for the shareholders, the MM's will be forced to raise their bids to get the shares.
My purchase price is 0.0001. That you bought in at 0.01 is why you look at the glass half empty and why I look at it half full. I don't blame you but the current events concerning RCCH and the other stocks listed by the SEC is a good thing for investors. I think you'll get your money back and whole lot more.
Well then we wait.
Well they aren't trading them and it's not because of the lack of news. In fact, it's because of news but not from the companies themselves.
And if you were in the same position as RCCH is, would you not want the stock structure to be on the up and up before releasing news?
Are you sure? Two big brokerage houses disagree.
Please provide one that doesn't show the shorts. Neither of us can at the moment because we don't know the facts.
All this comes down to is what both of us believe in. Our opinions are different on this so we wait.
Shorty stands in the way but not anymore. Especially if a market cannot be created unless other are willing to give up their actual shares now. At what price, well that's to be seen.
If the opposite happens you know what the outcome will be. Oh lawd come on Gene and let's get this show on the road.
But it all boils down to what you believe. If the opposite comes true though, what will happen then?
If the demand comes about, RCCH will skyrocket. All we need is verifiable news and facts. Uh oh somebody is in deep doo doo.
I can afford to lose my investment if it comes down to it. Can the MM's?
You're banking on RCCH and Newton being a scam. That's all you have to go by because if the opposite is true, watch out.
With real news, MM's will be changing their drawers. I think the perfect storm is brewing here and not only for RCCH, but for the other stocks as well. The ball is in their hands now.
Completely the opposite. It means that from now on there has to be shares accounted and available before any trades happen. If news hits and the demand is there, the bid will skyrocket until those that hold shares decide to sell.
Theoretically if news hits and we all in unison decided to hold out for $1.00 before selling, there would be no action until someone met the ask price. MM's cannot create a market now with short or invisible shares as there has to be real one's available before any trades happen. MM's cannot bidwhack this or the other stocks listed anymore. They have to have real shares available in real time for trading.
All we need now is news that can feed the frenzy. I think if that happens and it's good, we might be in for some vacation time. Let's hope so.
Place buy orders guys. Let's see what happens.
It's helpful because if business is somehow brought forward, the stock action and price will reflect it. Can't do it if all these extra billions are preventing it now can we.
Can someone explain it to me in layman's terms.
Never mind. I already got it from the other post.
Explain it.
You guys might want to take a look at this. It's a list of all the companies in the SEC investigation. Any thoughts on what this all means?
From what I can tell, it means that from now on there has to be shares present to execute trades.
http://www.dtcc.com/downloads/legal/imp_notices/2011/nscc/a7147.pdf
So the SEC investigation and stock manipulation is not important? Why would anyone wish to expose their business to any manipulation while their stock situation is up in the air?
Do explain.
The CEO of RCCH is still the CEO of RCCH. And during most of my time here, the stock has seen more days of zero volume than days with. If diluting your company to the price levels it's at now is good business practice, then why has the PR machine been absent to bring in the volume? Penny stocks run on hype yet all I've read here for the most part is for Gene to speak up and release PR's.
Explain to me why the other company I'm holding mentioned along with RCCH by the SEC has had zero volume except out of the blue one day late last year 95 million shares traded. No pumping, no nothing and nothing has been released by management in over a year. Was that dilution as well? Can you explain why someone would buy $9500.00 worth of shares in a stock that's been dormant for a year? And it's also at 0.0001.
That I can't answer. But I don't really think it was to bring down the value of RCCH.
Again, I don't see him running away from this. I see the exact opposite.