InvestorsHub Logo
icon url

printmail01

06/04/09 5:50 PM

#65426 RE: Rdavido #65419

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....
icon url

frogdreaming

06/04/09 6:29 PM

#65429 RE: Rdavido #65419

Why?

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