I agree, a number of posters on I-Hub have mentioned having difficulty with transaction orders with their brokers by having to call in their order. I'm presently using Zecco, and to date only one online order rejected due to "restricted" being placed with the RCCH order. After a few days passed, I attempted an online order again with RCCH and it went through without a problem. A poster on the RCCH bulletin board relayed a story of complaining to TD Ameritrate after being frustrated with having to call in orders, received a letter of response indicating that the stock was believed to be the subject of manipulation and thus the reason for call in orders. While the TA is presently gagged on RCCH, and thus it isn't known the share structure and percentage of shorts to outstanding shares, the RPDM perecentage is a rather large 10%, if I'm reading this correctly. Just the increase in the percentage increase in the short position in each was also interesting. I think that there may be a growing short position with a number of nano-microcap stocks.Hopefully enforcement will improve as the market makers are killing the goose that lays the golden eggs.
I was looking at RPDM stockchart.com and noticed that the bottom bollinger is peeking its head out of the ground. Hopefully we'll begin to see some more and have the upper and lower bollie's squeeze together.
Just my opinion. Good luck to us!
- funmaxus
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