I have seen this stock trade 200 million in an afternoon, this is NOT a large FTD when you consider the multi BILLION share structure .... 200 million at .001 is only $20k in stock .... RCCH is being DUMPED by the billion IMO....
It's just peculiar that the MMs would FTD 200M shares in the first place.
Their mandate is to maintain a liquid market. 200Million shares is what, two percent of the float? Not much of a problem is it?
urther, the MMs get away with FTDs by simply mirror trading with other MMs
The MMs get away with FTDs because it is a simple part of the process. If it takes four days to settle a trade instead of three you get an FTD for a total of twenty four hours. How is that an issue?
Doesn't take a rocket scientist to see what's going on here.
Sure doesn't. Doesn't even require a room temperature IQ. Isn't it unfortunate that so many cannot see it? LOL