RCC Holdings Corp fka RCCH

[frogdreaming]

I have heard about naked short selling for years, it is not a new idea. What I haven't heard on this board is an explanation of how it is supposed to be happening here.

Everyone has these knee jerk responses but no one can explain the details.

IF there is a naked short position, who is doing the selling?
Most people claim it is the MMs.

Why would the MMs sell naked short shares?
Presumably for the money.

IF the shares don't really exist, how are they being settled?
Now people are saying it is all the brokers.

What no one can explain is WHY would the brokers cover up the illegal operations of the MMs? What is in it for them?

IF both the MMs and all the brokers are 'IN" on the scam, how can you expect these crooked brokers to protect your accounts when the other shoe falls?

Why wouldn't they just say you don't have any shares? IF they can lie about the shares you have in your account to the DTC, they can just as easily 'show' that you sold those shares and no longer have them.

IF you can't trust them with the shares in your account, how do you expect to hold them liable when the only evidence you have for your ownership is documentation that you need from them?

Surely you have thought this stuff through, how do you explain it all?