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Dakota Dad

09/15/09 1:05 PM

#72609 RE: ghcnj #72604

Theory on what is going on with ARCA:

They wanted shares (obvious)... put a massive # of shares on the bid, but noticed that people were saying "The twos will go down quickly." -- With that assumption people would say, "Why sell at .0001 or hope for .0002 if I will get more soon?"

ARCA solution?: Put an Ask out with lots of shares too. That makes is look like the twos won't go down as quickly and maybe some weak hands will say, "Looks like those twos are here to stay a while and I need the money, so I'll sell... maybe I'll sell at .0001 or put an early order in at .0002."

IMO
DD
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frogdreaming

09/15/09 2:38 PM

#72619 RE: ghcnj #72604

Where is the contradiction?

Too funny. Speculation first says RCCH is a scam, fraud and cannot be traded then changes to hey the MM's are just looking for inventory to trade.

RCCH is a scam. They print billions of shares and swamp the market. Normal trading is impossible because of the glut of shares. With the company selling shares at the lowest prices possible, no one can trade them normally. Normal trading requires three things. A bid, an ask, and a difference between the two to provide a spread.

The only thing that changed in the last few weeks is the printing presses shut down. They finally ran out of shares to print. The glut is over, normal trading processes can re-establish themselves.

If you haven't noticed yet, the relationship between investors and MMs has moved into a more normal equilibrium. There is a bid an ask and a spread.

ARCA has not loaded the boat to sell RCCH at .0001 they want to buy.

The facts on the ground dispute that statement. ARCA has posted shares for sale at .0002. So they are selling.

The MMs can now participate in a normal market unblocked by the overwhelming glut of shares from the printing press.