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The FBI has been busy as of late as well? Hmmm IMO
Maybe the final count has started? Time to add all of the shares up out there and see how many naked shorts are floating around? IMO Are any other brokerages still selling RCCH as of now? What about Fidelity?
Did Jim ever answer?
Is this a polite way to say that even though the Federal Government is imposing stricter rules to clean up the market place, it will still be business as usual? Why the change in the law? Is it meant for small investors because they are the ones naked shorting the markets for billions each year? Or is it meant for someone eles? We are still trying to figure out what is going on with RCCH and others like it? IMO
Good move the switch I hear is smooth and easy
Then how are trades still going through everyday with RCCH? There are buys still going on. How is this happening then? IMO
Contacted the SEC, Finra the dtcc and etrade, Etrade is so short they dont want to do anything with your shares
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Is this the reason why some brokerages are still trading RCCH and some are not? Strange how you can still buy RCCH at some brokerages and at others you cannot? This does not look like a global lock down to me, rather a short lock down of those who have shorted this to the point where it is ready to pop? Transferring shares another broker that will trade as normal is quick and easy.
Just trying to figure this all out
IMO
Dont know for sure but Warren Buffett is known for this type of buying..imo
Whose buying then and how? IMO
Can Etrade and other brokers who are blocking there share holders
From buying or selling prevent it's share holders from trading if the stock
Were to get a bid and trading starts and then they sell their own shares
Into the market? Trying to figure out how this works with rcch IMO
Are these trades for RCCH coming through Fidelity and TDA..
Looks like some of these brokers have lock downs on preventing the purchase or the sell of RCCH stock being held in their accounts. IMO
The last thing we need is for them to be involved in this are other
Brokerages taking transfers from Etrade and scott IMO
Didn't Some on this board say there was no such thing as naked shorting
Of stocks? What's this for? IMO
Thanks, enough to research
Does all of this apply if the depository of rcch has been changed from USA to Canada?
Did anything come of this today?
whalecatcher Share Friday, January 28, 2011 10:53:04 AM
Re: None Post # of 91637
hey guys! today i got a letter which says that the depository of rcch has been changed from USA to Canada..and that DTC has suspended all services..
anyone has a clue what this means???
We're going to get a share count for sure. The DTCC action has made that almost inevitable now.
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The moment of truth..is getting close then. I wonder if Warren Buffett is sitting on a lot of shares from the old days? IMO
could the lock down make it easyer for the SEC and DTCC to get better count of all of the air shares out there?
Glad you were able to sell. I think most will stick Around for the fireworks
To begin. Something is about to shake loose here. G was right about
Tda I heard about it too
The only thing thats left now is for the all of the naked shares out there to be accounted for? IMO
I think is the may be good for us. Go RCCH! Go SEC!!!!!!!!!!!!!!!!!!!!
This sounds good? Dont recall seeing this before with a stock? IMO
Did anyone ever find out what the deal is with this?
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ghcnj Share Saturday, January 08, 2011 3:28:34 AM
Re: None Post # of 91306
Didn't RCCH put out a PR about Europe ??? Wonder what this means ???
http://www-2.hoovers.com/company/rcc_holdings_corporation_sarl/cffssyfkk-1.html
Is it possible we find others who have been dumping air shares of RCCH? How many others might there be? The internet is full of information about naked shorting of stocks, just take a look. Its all over the place, even some who are insiders talk about it. IMO
That maybe the reason for so much coverage on a no bid stock. The coverage is here for a reason and you might be right. What other .0001 stock is covered during the Nation Championship football games, sunday NFL games, Saturday college games, Holiday's, New Years and Christmas to name a few? And dont forget this upcoming Super Bowl play off weekedn and then the Super Bowl itself? IMO Somthing strange is going on with RCCH. What is it and why? IMO
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12 stocks including RCCH sold by Gendarme. Sorry ... NONE of them will be bought back in.
The SEC has NEVER requested or demanded that in the past and simply does not have the resources to make it happen.
lololol
jmo
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So then basically what you are saying is that the SEC is either unwilling or incapable of doing the right thing by all of the investors who may have lost their money because of this? I disagree whole heartedly. IMO . RCCH could have reached penny land without a doubt if not for the huge dump of 2.1 billion shares that were timed in the markets? Is this why RCCH is covered day and night? It’s a fair question for those who have their money here and want answers about our money. Could MMG report shed any light on this? IMO
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12 stocks including RCCH sold by Gendarme. Sorry ... NONE of them will be bought back in.
The SEC has NEVER requested or demanded that in the past and simply does not have the resources to make it happen.
lololol
jmo
The longs had no idea you had you that kind of insider knowlege about the SEC...thanks for letting us know.
There Is a clear pattern here
IMO
Were there some on this board who knew about the transaction all along
and never wanted it to come out because of the 2 or more billion shares dumped?
That may be the question that needs to answered as well. are there 2 billion more
Shares dumped somewhere by another company that needs to come out?
This needs to be answered as well before moving forward
IMO
How many different Hedge funds or others may have shorted RCCH? Seems like more with all of the coverage here. Just a thought. IMO 2.1 billion thus far may be only the tip of the ice berge
Is that like the bank robber going to the bank to pull of the heist on Monday because he knows his friends are going to be there on Tuesday? NO harm no fowl snice someone was going to sell the shares one day anyway? IMO
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I have only seen fines, filling the pockets of the government. Even the violators that have legal shares ( Like PSC) that practice pump and dump schemes, only pay fines to the SEC. Expect no monetary reimbursement because it has never happened as far as I know
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Not this time and that is what makes this interesting to watch. The SEC and our leaders know that many people are watching this play out all around the world before placing trust in the markets again. The SEC will step up and do the right thing for the little people ( the ones whose contributions into the stock markets) keeps the wheels turning on our economy. I say this time the SEC gets its right and then after that, let the flood gates opened for all stocks in this country. And just maybe we will get a smile out of Warren Buffett himself! IMO Go SEC / Go RCCH! Go CNBC network
I think we all have heard enough of the negative things about RCCH. Because IMO that is not what is driving this board. Could the driving force for this much chatter for a stock that has been stuck at .0001 for several years be something very good that only a few know about and hope like the dickens that no one eles sticks around here long enough learn? IMO Just a question is all-
I think many are trying to understand what happened with MMG and how it all connects? Still trying to understand why a poster would need to have 20 different IP addresses? IMO Its a fair question that may get deleted. Thanks
It does seem strange it's as if someone knew something was about happen
IMO
This whole thing is possibly starting to make sense now. The 2.1 billion shares Gendarme illegally dumped into the market may be peanuts compared to what is about to be uncovered? Some interesting names have joined the board now. What does this mean? Guest we have to wait and see how things unfold in coming weeks.
IMO
It's called Forgery...read the sub statues for lesser and including offenses....IMO
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Gendarme committed a crime and they have been caught.
In America there is something called restitution to the victims of crimes. Can you give your best estimate of where the price for RCCH should be restored to in light of 2.1 billion shares of stock being entered into the market when the crime took place?
The question is not what I believe, its what the SEC believes. Does the SEC have an opinion of the value of the stock price of RCCH if things like this never happened. IMO