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Google’s Digital Music Service Falls Short of Ambition
http://www.nytimes.com/2011/05/11/technology/11music.html?emc=eta1
Interesting article of another reinforcement that the "conservative" record labels are very reluctant to support the evolution of digital music into the cloud and how best to monetize. The word obstruction comes to mind. However, the artists have the power to change that
RTGV CLoud Channel potentially has the power to change this. We get one big artist to come in and this stock will fly
This is just one of RTGV business models. Its the disruptive one that's potentially huge fast but other models are currently generating revenue and growing too.
Welcome aboard in advance!
Yeah it was quick and a dirty game. Didn't stop the buying though. Slowed it shook everyone up
I didn't I always seem to miss those breaks.
Your spot on
This company has a great deal of progress to make. However they have did something that no one else has done. The implications are beyond enormous. Its going to be rewarded in a big way. Its already happening. Once the profit takers are out this will move forward fast again
Grabbed some 9's
This looks to be winding up tight. Going to break loose pretty soon
RTGV is in the right place at the right time
profit taking and consolidation. Plus a gap filled. this will head much higher
patience let them get things right this time. I think they will have an incredible summer
Exactly do not be fooled
Use common sense people. Its a new product. Its from new technology. They will buy the first load. Use it. If all goes well they will be signing a big contract with provisions for consistency. Our DD already has proven its high quality. Lots more big news to come here and the big money is here.
This will sky rocket if the company delivers a consistent product
Won't take long to figure that out.Really no telling how far this will go longer term. Especially once expansion plans are set and executed. This could be one of those stocks that keeps doing forward splits and keeps rising
Looks like we will hear from Dom tomorrow
In San Francisco for SF MusicTech. The world of music technology meets tomorrow under one roof. Blog updates and tweets to come
RTGV starting to move. Going to be one heck of a summer
52 week high will be broken very soon. $5.00 plus by weeks end easily
exactly. At this point funding and more shares are no issue. This is flat out big and there is nothing like it in the world
Crazy not to hold a solid position long. I mean long. forget about it!!
This company has so many different technologies and streams of revenues its quite amazing. All these techs don't even take into consideration the now bread and butter of the company
Digital Clarity with a most impressive client list with names like
Land Rover, Audi, Mercedes-Benz
http://www.digital-clarity.com/clients
Looks like Aderra and RTGV have something big brewing. Could change the way big concerts are monitized. Besides their payment system at live shows RTGV through cloud channel can stream live video to multiple sites simultaneously. point to point streaming. How cool would it be to be able to catch a live show and not be there. Especially if you can't get tickets without paying big scalper fees on the big shows. Like I always seem to do.
That could create a frenzy in the industry and snow ball fast. What a buzz it would get going
I would hope people would stop selling this undervalued stock now. Summer concert events are coming. Aderra has RTGV connected to the top artists in the world
Look at the the lengthy press release done in February-that is the yin and yang (Audio:Video) relationship as the broad basis for the Aderra partnership.
RTG Ventures Partners With Aderra to Monetize Concert Video
http://www.marketwire.com/press-release/rtg-ventures-partners-with-aderra-to-monetize-concert-video-1401230.htm
Think about the pay per view concept-an arena artist say Lady GaGa fills 60,000 seats, but being available on streaming video could extend that reach to tens of millions. That will be monetized to the artist et al very quickly. Word travels fast and the exponential factor begins to take hold.
Audigist could/would provide the vehicle to develop Aderra's unsigned artists and the 1,000 artists already signed up are available for development by Aderra.
RTGV has the capability to stream video anywhere using CloudChannel. One which is point to point streaming.
That's huge
Good for you. Your right a good place for them to be as well. Will send them the info
Excellent. Dom is doing a great job with that
This is going to run hard tomorrow
weeeee
I tried to contact Reggie today. I have a great deal of synergy with Digital Clarity because my previous company I owned provided many of the same services. I sold it but continue to collect residual income and own some long term assets. I had started it when connection speeds were at 2600. I developed one of the early full shopping sites with security. As well as I did I wish I had a brilliant person like Reggie to work with. At the time he was developing for Alta Vista. Far advanced from where we were.
I know him now and very interested in re inventing some areas of my old business.
Anyway I found out Dom and Reggie are in San Fransisco at the music festival now. I guess that was the point of all of the above lol
The new rules are finally a breath of fresh air. When we get serious momentum here the rules will be huge for this stock
Great news. Up we go
Yes the excitement was off the charts. You know what the Golden rule to winning at pennies is. First have the right company. Second buy when no one wants it.
Probably should by some and just wait
The prices are great and so is the quality
Solid deal JbII made. Hard to find a better penny investment then this one
Very true but the fact we seen for the first time the MM showing total size is encouraging
Unlike many stocks when this company has news of developments it will move the stock. The potential is so large here any progress forward will be met well by the market
I had a chance to contact Linda late Friday after not being able to reach her most of the day. Squeezed out of her she was in a very long meeting (4hours) with a company that has Aderra like names as clients. A very successful/established growing company. Tried to get more but both companies are under a NDA so I am left to speculate. I think she could not say much more than that anyway
Aderra was a great partnership formed. I am excited to start seeing the results of that partnership. I think once we do it will be great for the stock. If they can land a company like that we should see more deals with similar companies
Time and sales
http://ih.advfn.com/p.php?pid=trades&symbol=RTGV
My buys
05/06/2011 10:16:13 Bought 20000 RTGV @ 0.01 -209.99
05/06/2011 10:21:09 Bought 155000 RTGV @ 0.01 -1,559.99
05/06/2011 12:24:25 Bought 45000 RTGV @ 0.01 -450.00
New FINRA Rule ~ Dr D Part Two
Here's the next message today from Dr DeCosta regarding the new FINRA rules.
From Dr D:
I think the bottom line of this new FINRA 6460 mandate for MMs to reveal the total size of their limit orders that constitute the high bid or lowest offer is to empower the “whales” playing the long side over the “whales” playing the short side. By the “whales” playing the short side I’m referring to usually corrupt MMs and a host of corrupt naked short selling hedge funds directing them order flow in exchange for access to their “bona fide MM exemption” from making pre-borrows before short sales.
Over the last 50 years these criminals have destroyed perhaps thousands of development stage U.S. corporations by simply refusing to deliver the securities they sold. Their problem right now is that they have amassed enormous naked short positions in several companies that accidentally got misdiagnosed as a “scam” run by crooks while the corporation ended up “having the goods” after all. Before 6460 this was no big deal because they could just simply naked short sell fake shares into any buy orders that appeared no matter how large they were.
When reporting trades on Wall Street investors have no clue as to whether or not any given trade was a buy or sell. They don’t know if the Mm was acting as a broker/agent or principal/dealer. Thus the activities of huge buyers of shares could be dismissed as being probably half sales by frustrated shareholders even if no shareholders were selling. With the new transparency “whales” operating from the “long” side can now flex some of their critical mass by posting large buy orders. Of course there has to be money behind the buy order as that bid could be hit at any time. If back during the “bad old days” a given MM ran up a 200 million share naked short position in Medinah suddenly saw a massive buy order being posted what might he do in the case of a Medinah type company?
Do you hit the bid and add to your naked short position and double down on your hope that Medinah doesn’t “have the goods”? Will your Chief Compliance Officer whose neck is in the noose if you guess wrong even allow it? Without 6460 this dilemma never arose because a purchase order for 10 million shares was always labeled as 5,000 shares. With 6460 the long “whales” can FORCE the naked short “whales” into making some tough decisions. The first goal of the crooks would be to hide that large buy order from the public so that little “fish” taking comfort in this “backstop” don’t start taking out the offers. The three options would be to naked short sell into that order, play “leap frog” and jump the bid by a notch in order to cover up the order or head for the exits and start covering before other naked short sellers in similar positions start covering. Before 6460 there was no sense of urgency to take action as the public never got to see the size of that order.
For all intents and purposes Medinah has always had a huge black cloud following it around. They’ve missed making good on a dozen or so “high alert” warnings when they were allegedly super close to executing a JV. The mining industry pays little attention unless they have been on site or studied the findings in detail but why bother with that black cloud being there. The people sitting on the massive naked short positions still aren’t sure if Medinah “has the goods” or not. What 6460 is going to do is to allow opportunistic long “whales” to seek out development stage corporations with massive naked short positions that were accidentally misdiagnosed as “scams”. The potential energy contained within those massive naked short positions might then be released resulting eventually in the purchasers of all of those nonexistent shares finally getting delivery of that which they paid for so that their trades can finally “settle”.
It’s critical to acknowledge the difference from a “manipulation” point of view in long opportunistic “whales” taking large long positions at ultra-cheap prices in heavily naked short sold stocks with “the goods” by spending real money and abusive naked short sellers selling nonexistent shares into buy orders with the intent to manipulate share prices downwards and with no intent to ever deliver that which they sold. When the illegal naked short positions are covered and purchased shares are delivered then an unmanipulated “supply” variable can interact with an unmanipulated “demand” variable to “discover” an unmanipulated share price via the price discovery process.
Don’t forget to follow Mark Mitchell’s new release on deepcapture.com illustrating the nature of the mega-mega-mega-whales that have been destroying U.S. corporations via abusive naked short selling “bear raids”.
DISCLAIMER: Do not treat this as a solicitation to buy or sell the securities of any issuer cited.
The mm activity on this stock yesterday was disturbing. We had all buys accept a 7800 sell order. Was that even legit? $78.00 sell?
One of my buys at 45k was showed as a sale on time and sales
These new rules could not come in a better time. I think everyone that seen those large numbers on the ask by the mm yesterday will see why
http://www.finra.org/industry/regulatio ... 10/p122115
Regulatory Notice 10-42
SEC Approves Amendments to Establish Regulation NMS-Principled Rules in Market for OTC Equity Securities
Effective Dates: FINRA Rules 6434, 6437 and 6450: February 11, 2011; FINRA Rule 6460 and NASD Rule 2320: May 9, 2011
Executive Summary
Effective February 11, 2011, and May 9, 2011, are new FINRA rules that extend certain Regulation NMS protections to quoting and trading of over-the-counter (OTC) Equity Securities. For OTC Equity Securities, these new rules:
set forth the permissible pricing increments for the display of quotations and acceptance of orders;
require firms to avoid locking and crossing quotations within an inter-dealer quotation system;
establish a cap on access fees imposed against a firm’s published quotation; and
require an OTC Market Maker, subject to certain exceptions, to display the full size of customer limit orders that improve the price of the marker maker’s displayed quotation or that represent more than a de minimis change in the size of the market maker’s quote if at the best bid or offer (BBO).
The text of the amendments can be found in the FINRA Manual atwww.finra.org/finramanual.
Questions regarding this Notice should be directed to Racquel Russell, Assistant General Counsel, Office of General Counsel, at (202) 728-8363.
View Full Notice PDF 120 KB
______________________________________________________________
Dr D's Analysis and Thoughts:
Of the 3 new rules kicking in on Monday 5/9/11 FINRA 6460 is the one to concentrate on. My legal buddies are referring to it as the “new leap frog rule”. MMs now have to show the full size of any orders that are the high bid or low offer. Before they could hide a large buy order by only showing 5,000 shares of it which was and is the minimum for penny stocks. The key concept here is “forced transparency”. From now on if a “whale” shows a bid for 10 million shares of Medinah and it is higher than the previous bid then the MM must either reflect it or jump it by a notch to hide it. The “whale” would then need to jump it to get it to be the high bid. Hence the term leap frog.
If an abusive MM with an enormous preexisting naked short position puts in a large offer to scare buyers aware then he has to place it below the former offer and he’s going to have to honor that sale if the “whale” chooses to take him out. The “whales” are going to get pretty ticked off if the MM representing his order fraudulently makes him pay higher because of his antics needing to be performed to hide the large order. This might violate the “best execution rule” (NASD 2320) wherein a broker has a formal “duty” to find the best market to aim an order towards.
“Whales” want to buy size but a crooked MM sitting on a monstrous naked short position with the fear that Medinah just might “have the goods” does not want to sell size. He just wants to fraudulently induce selling and dissuade buying. A variety of the “3Ms” (“market maker manipulations”) are going to be rendered moot. As you can well imagine, a crime as obvious as selling nonexistent shares all day long while pretending to be “injecting liquidity” needs to be done in an environment with no transparency. “Leap frogging” is going to look very, very obvious on a time and sales sheet! There is no better disinfectant than the light of day.
6460. Display of Customer Limit Orders
This version of the rule (or interpretive material) does not become effective until May 9 2011.
(a) Each OTC Market Maker displaying a priced quotation in any OTC Equity Security in an inter-dealer quotation system shall publish immediately a bid or offer that reflects:
(1) The price and the full size of each customer limit order held by the OTC Market Maker that is at a price that would improve the bid or offer of such OTC Market Maker in such security; and
(2) The full size of each customer limit order held by the OTC Market Maker that:
(A) Is priced equal to the bid or offer of such OTC Market Maker for such security;
(B) Is priced equal to the best bid or best offer of the inter-dealer quotation system in which the OTC Market Maker is quoting; and
(C) Represents more than a de minimis change in relation to the size associated with the OTC Market Maker's bid or offer.
(b) The requirements in paragraph (a) of this Rule shall not apply to any customer limit order:
(1) That is executed upon receipt of the order.
(2) That is placed by a customer who expressly requests, either at the time that the order is placed or prior thereto pursuant to an individually negotiated agreement with respect to such customer's orders, that the order not be displayed.
(3) That is an odd-lot order.
(4) That is a block size order, unless a customer placing such order requests that the order be displayed.
(5) That is delivered immediately upon receipt to a national securities exchange or an electronic communications network that widely disseminates such order and that complies with paragraph (c) below with respect to that order.
(6) That is delivered immediately upon receipt to another OTC Market Maker that complies with the requirements of this Rule with respect to that order.
(7) That is an all-or-none order.
(8) That is priced less than $0.0001 per share.
(c) The electronic communications network:
(1) Provides to a national securities exchange, national securities association or inter-dealer quotation system the prices and sizes of the orders at the highest buy price and the lowest sell price for such security entered in, and widely disseminated by, the electronic communications network; and
(2) Provides, to any broker or dealer, the ability to effect a transaction with a priced order widely disseminated by the electronic communications network entered therein by an OTC market maker that is:
(A) Equivalent to the ability of any broker or dealer to effect a transaction with an OTC market maker pursuant to the rules of the applicable national securities exchange, national securities association or inter-dealer quotation system to which the electronic communications network supplies such bids and offers; and
(B) At the price of the highest priced buy order or lowest priced sell order, or better, for the lesser of the cumulative size of such priced orders entered therein by OTC market makers at such price, or the size of the execution sought by the broker or dealer, for such security.
(d) Definitions
For purposes of this Rule, the following definitions shall apply:
(1) Best bid and best offer mean the highest priced bid and the lowest priced offer.
(2) Block size with respect to an order means it is of at least 10,000 shares and has a market value of at least $100,000.
(3) Customer limit order means an order to buy or sell an OTC Equity Security at a specified price that is not for the account of either a broker or dealer; provided, however, that the term customer limit order shall include an order transmitted by a broker or dealer on behalf of a
Continues to consolidate nicely with strong support around $2.70 or so. The fact its retrace was so mild after huge gains is further proof how strong this stock is and big money is here
This one looks to be tightening up ready to pop. The DD must be done here don't overlook it
lol ..he put a jinx on me today I put an order in for what I thought was a 200k buy it was only 20k...handed over commission fee. just what they need donations