Replies to post #30124 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[1manband]

The stock is completely worthless.

It is in Chapter 7 bankruptcy and all assets have already been liquidated. All that is left is about $100 million in unpaid debt.

Soon the stock will be cancelled. and anyone left holding shares will lose 100% of their investment.

Guaranteed.

[Value_Investor]

If an huge sell-off kicks in here then we might see "no bid at all" since totally only about 1.5M shares bid at 0.0001 ~ 0.0005 together from the Level2 while the OS is 171M shares!

Of course if strong Slapping actions kick in then RCPIQ might surge back to 0.0014 ~ 0.0024 again within just a Single day...

Anyway I'm watching the bids of Level2 closely to see if any big sell-off from those weak hands due to the so-called "Cancellation" risk?

[Value_Investor]

The ask was just raised to 0.0005 from 0.0004! RCPIQ should surge over its current 52-week-high or most recent high 0.0024 very easily should we see over 5M shares of Slapping volumes...