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Most People? How do you draw that conclusion? I disagree. I don't think you can say that.
Most people can't buy or sell.
Sorry....Neither of those links say he is "owner".
Evolutech is owned by Claude Smith.
IWS WATER SOLUTIONS, INC. is owned by Claude Smith
I am not even sure you can prove that Claude "left", is it possible he has interest in multiple companies? Everyone seems to assume he left RCC Holdings. I don't think that is a fact.
I would like to sell "Auto" about 50 million of my shares! :)
Fidelity Online Buying...
For those interested, I contacted Fidelity about buying online without having to make a phone call. They said that it is only the first time you buy more than 10,000 shares of a sub $3 stock that you have to call.
After the first purchase, your account is open to online buying for anything you like.
GLTA
My Fidelity says...
RCC HLDGS CORP COLO COM
What do you mean you can't sell it? Someone sold over 5 million yesterday????
Looks like someone sold another 5 million, there must be some orders waiting on .0001 .............
If it makes you feel better, I have over 12k invested. As much as I would like this to be all laid out pretty like, it ain't that way. So I will hold for the future, I actually think we will all be suprised how this turns out. And no amount of negativity is going to change that in my mind.
I bought to make money and will hold out all or nothing.
The first time I lost a significant chunk in the stock market was the internet bust in 2000, dropped 35k in about 3 months. Made me sick. My 12k here is not worth worrying about. The upside is too appealing.
GLTA
I am not asking you to trust him, just not to put words in his mouth. People trust what you say and I don't think that this quote is accurate.
Good Point. Gene is essentially admitting that the Global Lock is a big issue and RCCH is CLUELESS what to do about it.
I disagree, you are saying something that he did not say. I think he is trying to help.
So my point is, if you think I have my head stuck in the sand, what would you have me do? What is your point?
I am only paying 7.95 at Fidelity. I transferred all my RCCH shares without any fees also.
What do you mean by self clear? I sold thru Fidelity last week and it confirmed the sell as soon as I clicked sell. It was definitely at automatic speed.
So how is Fidelity "self clearing"?
Symbol: RCCH
Description: RCC HLDGS CORP COLO COM
Action: Sell
Quantity: 5,000,000 Shares
Route: KNIGHT EQUITY MARKETS, L.P.
Filled Quantity: 1,000,000 Shares
Sorry, but you are WRONG, I have sold the stock in the past 24 hours with the click of a button. It is totally liquid.
No need to laugh Jim, I don't think I will regret selling those 2.5 million ever. I have been buying at .0001 for almost 2 years now and have a plenty. I am holding tight... no need to worry.
I just placed a 1,500,000 sell order and it was filled as fast as I clicked place order.
I put in a sell order on Fidelity for 5 million today, got a partial fill at .0001; Below is the report from fidelity.
Status: Partially Filled
Symbol: RCCH
Description: RCC HLDGS CORP COLO COM
Action: Sell
Quantity: 5,000,000 Shares
Route: KNIGHT EQUITY MARKETS, L.P.
Filled Quantity: 1,000,000 Shares
Fidelity Transfer, I got an email from Fidelity and my shares have been transferred from TD Ameritrade successfully. It took almost exactly a week and was all done online. Yippee!!!!!
I tried to transfer from TD ameritrade to OptionsXpress, no joy. I am in the process of a transfer to Fidelity right now. Will keep everyone updated.
Disappointing note from optionsXpress today:
------------------------------------------------------
We have determined, based on our risk policy and review, that we will not be able to process your request to deposit shares of xxx,xxx,xxx shares of RCCH into your optionsXpress account from TD Ameritrade.
optionsXpress is an online brokerage for self-directed investors of options and stocks traded through the U.S. exchange marketplace. Keep in mind that Bulletin Board and Pink Sheet securities have overall, and particularly recently, been the subject of possible fraud in the industry and our firm has made a decision to limit this kind of transaction given our focus on online trading of derivatives and equities. optionsXpress reserves the right to extend, deny or retract business at its sole discretion, which is included in its New Account User/Customer Agreement, "Section 11, Account Restriction or Breach" to which you agreed.
We apologize for any inconvenience.
Regards,
Stephanie Pokuta
If you transfer a large number of shares from one brokerage to another, is there any sort of reconciliation or accounting for that has to occur? Lets say you are transferring 100 million shares?
EMAIL from Ameritrade today:
RCCH has a lock on trading set by the Depository Trust Company (DTCC), so trades are not currently being accepted. That is an industry-wide lock that prevents a clearing company from settling the trade
That decision was not made by TD Ameritrade. If that global lock is released in the future, we may be able to accept new trades at that point. If you contact RCCH directly, their Investor Relations team can give you more information about the reason and if they have a timeframe when they expect trading to resume.
If you do decide to transfer the account, you can do that by filling out a transfer form at another brokerage. They can start the transfer from their side.
Please reply to this email if you have any questions.
Thank you for your patience,
Apex Client Services, TD Ameritrade
Division of TD Ameritrade, Inc.
So what brokerages are still allowing internet trading? All my stock is with Ameritrade.
I sure hope so too... It seems the negativity has been racheted up alot lately. Almost comical. I don't think anyone really knows, but I don't own all my shares for nothing...
I agree, we are snowed in in SE Va today, wishing all a Happy New Year. Be safe! Go RCCH!!!!!!!!!!!!!!!!!!!!!
I am long and in for about 18 months or so..... about 2/3 of my shares I have held over a year....
It sounds like you want RCCH to fail Earnest.... Even though there might not be promising news, I am a shareholder and have to hope that this will one day come out of the cellar....
I thought we only established that Mr Smith was working at Evolu Tech, did we establish that he had left IWS? I don't remember that. And I thought the criminal part was only rumor.
I am looking at the level II and I see on the ask:
vert .0001 10000
nite .0001 5000
hdsn .0001 5000
vfin .55 2500
Does anyone know what this vfin is? I can't seem to google anything that I understand.
thanks
Maybe RCCH does not feel obligated to answer your request.
This is the nature of the Pink Sheets:
"Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies."
Alot of bashing back and forth over the weekend here. Personally, I like to hear everyone's opinion, but don't think anyone here holds the "keys" to the truth. I think this stock has a chance to pull out of the cellar, and hope it does. Just my opinion, I don't care if you agree or not. And I hope you don't get offended if I don't agree with you.
I get the same....may be an update coming. May be the beginning of the end.....
Could you post that email?
That would be interesting reading....
A bit chilly in VA today also, 46 degrees last night. A little volume today, I don't think that is a signal of anything. But better than nothing.
-kurt