% | $
Quotes you view appear here for quick access.

công ty RCI Hospitality Holdings, Inc. Message Board

  • rickarooski rickarooski May 24, 2013 12:37 PM Flag

    More games. And management STILL ineffective.

    A price block at 8.60 is in. A volume of 6900 shares is the guarantee that it doesn't surpass 8.60. More over, that almost locks in a .05 loss for RICK today. Which, if you look at a daily event is inconsequential. But if you look at the trend, it suggest (almost guarentees) a drop back to the mid 8.2X's.

    Here how it works. These 1-to-2 clowns that are working the channel place in a GTC order for a certain volume. That enables the MM to work the price that' favorable for their client and NOT break any rules. This is evedenced through to constant 100-to-200 share blocks. If those were individual retail trades that's be a (on average) $9 commission to the brokerage firm for each mini-trade. That's NOT happening!!!! So it's a 30K-ish block given to the MM's to work the price. Once it hits the target price the dircetion of the order changes snd these clowns reverse the trend.

    THAT'S why RICK management has to hire some entity that KNOWS the game AND can effect a disruption to the game. Unless, of course, that management is in the mix. OUCH on that!

11.77+0.11(+0.94%)10:32 AMEDT