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Re: mcokpba post# 101087

Tuesday, 09/06/2011 12:40:07 PM

Tuesday, September 06, 2011 12:40:07 PM

Post# of 118239
Full credit for effort but I'm afraid there is no points for substance.

I argued that no one would be stupid enough to 'short' a stock at .0001 because there would always be the risk of covering and since the price could go no lower there would be zero profit although there would be huge risks. No profit, huge risk equals a stupid move.

You counter with the strawman argument that if the shorters forced a bankruptcy that would negate the stock and free the shorters from covering.

Please explain how the manipulation of a stock price could induce bankruptcy?

Bankruptcy results from an entity not being able to meet its liabilities with the assets it has available. Those a purely business related factors that have nothing to do with the stock price. Unless a company is relying on the sale of shares to fund its operations and has a significant amount of debt, bankruptcy is not on the table.

Are you suggesting that RCCH has no assets?

Are you suggesting that RCCH is reliant on the sale of its shares to meet its obligations?

Or are you grasping at straws to try to support the naked short fantasy?

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