RCC Holdings Corp fka RCCH

[funmaxus]

My personal opinion with regard to how the stock has been trading is that the SEC decided that they might actually do something about naked short selling and the resulting FTDS, of course only after being threatened by Congress. Specifically, since the beginning of July, the FTD volume suddenly dropped, and at the same time a bid came back to RCCH and the price per share suddenly went back to $0.0002 for the first time in how long?
Without anymore fake shares to sell, the market makers are now actually beginning to behave the way a talking amphibian described from Grimm’s Fairy Tales, in that they are actually selling their own stock at $0.0001. Of course it’s almost comical that they would sell their shares at $0.0001 (I’m not complaining) because they could just as easily be selling those same shares at $0.0002, or higher.
Some interesting data: http://failstodeliver.com/default.aspx
Key name of symbol, then click on data dump…
Date-----CUSIP--SYMBOL-# of FTD's----------Name of company
20090102-749318101-RCCH-949745..........RCC HOLDINGS CORP 1
20090109-749318101-RCCH-40,006,245......RCC HOLDINGS CORP 1
20090112-749318101-RCCH-229,902,906.....RCC HOLDINGS CORP 1
20090407-749318101-RCCH-249,998.........RCC HOLDINGS CORP 1
20090625-749318101-RCCH-5,264,455.......RCC HOLDINGS CORP 1
20090701-749318101-RCCH-5,000...........RCC HOLDINGS CORP 1
20090702-749318101-RCCH-5,000 ..........RCC HOLDINGS CORP 1
20090706-749318101-RCCH-5,000...........RCC HOLDINGS CORP 1
20090707-749318101-RCCH-5,000...........RCC HOLDINGS CORP 1
Hmm, wonder how may shares the market makers have left?
LOL, I THINK I’LL HOLD MY SHARES!
funmaxus