banchrima "That’s what irritates me, too! We act like MM´s, shorters & co. are just ignoramus´ and we are the sole winners because they don’t know the facts about this stock ... hard to believe"
Manipulators of this stock are not stupid. Quite the contrary. They are and have been breaking the law but have been doing so with impunity for years. They are well aware of the facts of this stock. They play the odds and generally win in the unregulated pink sheet world. RCCH is exceptional and they have been forced to change their strategy. IMHO they are presently making the necessary adjustments to limit their losses.
In my opinion the uplist announcement is very close. Gene Newton wants it done as soon as possible and the naked short sellers changed tactics last Friday. It started with 700 Million shares traded. The 10-day average volume is 195,921,557. The 90-day average is 43,889,736. Almost 2 billion shares of RCCH traded over the last 10 days and you believe that hedge funds with tens of millions (if not hundreds of millions) of dollars at risk are not very aware of the “the facts about this stock?”
Some comments of the newcomers are enlightening. They have not even bothered to read the Ihub box. They invariably ask/state. What are the outstanding shares? Who can prove the company is NOT selling. This MUST be dilution, I have seen it before.
That is exactly the impression the naked short sellers want to create. They know already which International Exchange RCCH is going to uplist on and when. They have the money and the moral depravity to pay for this information. The stock market is not a level playing field. In my opinion that is why the massive selling started last Friday.
They want to create fear in the average investor and obtain shares in the process. There are only a handful of investors that make the effort to conduct the DD that is evident on this board. (Of interest there have been 12,000 daily viewers of this board)
They NSS churn the stock to create a negative investment environment. They repeatedly dumped shares (creating opportunity for some brave souls) to “cellar block” the stock. At the same time they have created a new basement floor of investors (lotto players) how will flip the stock at seemingly huge profits. At least seemly huge profits to the lotto players. Any logical argument that a day trader/lotto player that he/she shouldn’t sell after a 10 or 20 bagger will fall on deaf ears.
Have you not seen the posts were the new posters state, “I’ll be happy with .0003” or “I’d sell at .01 and be thrilled.” The naked short sellers have been shorting this stock from $.95 down to .0001. I have no idea how many shares they have covered already but I do believe that the vast majority of them have a very well thought out plan to extract themselves from this situation. They plan on covering all the way up. A small minority of the shorties is greedy and stupid and there will be a huge surge because of the surprise to them.
My two cents worth or .0002 worth in this case. Patiently waiting for the announcement next week.
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