Wow, the shorts really are on the war path here in RFMK. Just unbelievable.
20121109|RFMK|8547285|0|19889675|O
To have 43% of the daily volume consisting of short sale transactions with a stock that is trading a mere 2 times the par value for the company is just amazing. I would really like to understand the thinking behind such risky behaviour. At 2X par value, I cannot imagine that any short seller besides a NAKED short seller could possibly think that massively shorting at the current price level offers a decent risk vs reward scenario. If it was rather just MMs daily shorting and covering and trying to game retail trades then so be it, but because the stock remained flat to actually closing up, I cannot imagine all of that shorting/covering made them any money. At this point I should think there is more money to be made for MMs via just letting the stock run naturally and with a move upward momentum could bring more volume and there could be a lot of money to be made on that increased future volume. As it stands now with only 2% of the float trading at such low prices, the MMs cannot really be making much anyway so it leads me to believe that perhaps foreign or otherwise non-DTC affiliated naked shorting is going on in RFMK on a massive scale. This is a very big concern because the DTC watches such activity and if they were to decide to globally lock RFMK at any given moment, it would destroy the story here; the stock would be locked out to investors and the company would not be able to raise funds via the stock purchase plan from Ironridge, etc. It is a scary thought but this massive shorting needs to stop! One way to at least assist the matter to a possible solution is to get that 10K out so that the stock can uplist sooner rather than later to the OTCBB which is a much healthier market exchange.
On another note, the restricted share count seems to have decreased by 100M shares, so that is another 100M in the float (1B to 1.1B), which does not help matters; investors must absorb that extra liquidity whenever those shares are finally sold (no telling when). I would hope that those shares would not be sold at such a low current price but in the PK market there is no rhyme or reason to the trading, it is erratic and typically un-wise. The 200 DMA still remains at $0.003, a mere 2/10ths of a cent above the par value for the company, which I think is just ludicrous. Where is that 10K?!!!! TIC TOC 
GLTA
$RFMK
