RXPC - I wonder how many times the issued and outs
Post# of 98052
RXPC - I wonder how many times the issued and outstanding is this naked short sold?
Was trading at $0.10 and now at $0.0001.
Quote:
RXPC Security Details
Share Structure
Market Value1 $2,991 a/o Jul 10, 2012
Shares Outstanding 29,911,602 a/o Feb 10, 2012
Float Not Available
Authorized Shares 200,000,000 a/o Jun 09, 2011
Short and Distort is in full swing!
The short volume yesterday was 24MM more than the authorized and nearly 10 times this issued and outstanding!
Total volume was 525MM shares! That is over 2 1/2 times the authorized and nearly 20 times the issued and outstanding!
Quote:
RXPC - Short Volume for July 10th - 43%
20120710|RXPC|223257390|0|524879070|O
Short 1MM shares at $0.10 and cover at $0.0001 = $99,990 GAIN!
The best is, market makers do not have to put any cash on the line for that $100,000 counterfeit electronic marker.
Their only investment is $100 to cover!
Well, that and maybe a little paid distort.
Tic Toc