EIGH has been restricted by Interactive Brokers and TD-Ameriturd for sure ... might be a few others. I also read something about the Certificates, but in my eyes it's simply brokers trying to create a hassle for buyers as their firm is likely short the stock. We see S-trade do this all the time.
Dont let this deter you from being a buyer. I wasnt able to buy half of the China stocks 6-12 months ago due to restrictions and they all turned out successful.
Happy to hear you grabbed some CDIV.
Below are a few very informative videos on Naked Shorting and the effects it can have on stocks. The easiest way to explain naked short selling is the simple concept of selling something you dont own with the intention of later returning it. The problem with naked shorting is, ultimately phantom shares are created, meaning there are more shares in circulation than are supposed to be available for trading.
I strongly encourage those of you involved in these FLDs to spend a few hours and watch these videos, and actually listen to what they're telling you and showing you. If you just listen and browse the web or do something else, you'll miss out on some great information. It's my belief that if you understand the concept well enough, you'll want to buy more of these Float Lock-down stocks.
Here are the videos:
Bloomberg Naked Shorting: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
Deep Capture: http://www.deepcapturethemovie.com/ -- this one is really heavy!! Overstock.com's CEO
Richard Altomare's speech on Naked Short Selling in 2007: http://video.google.com/videoplay?docid=17018405103116349# -- Media Express' CEO
Darkside of the Looking Glass: http://www.businessjive.com/
I strongly encourage those of you involved in these FLDs to spend a few hours and watch these videos, and actually listen to what they're telling you and showing you. If you just listen and browse the web or do something else, you'll miss out on some great information. It's my belief that if you understand the concept well enough, you'll want to buy more of these Float Lock-down stocks.
Here are the videos:
Bloomberg Naked Shorting: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIrfhgQPAJ1s.asf
Deep Capture: http://www.deepcapturethemovie.com/ -- this one is really heavy!! Overstock.com's CEO
Richard Altomare's speech on Naked Short Selling in 2007: http://video.google.com/videoplay?docid=17018405103116349# -- Media Express' CEO
Darkside of the Looking Glass: http://www.businessjive.com/
The MMs that are running these FLDs will test your patience. As i've said, having L2 makes a world of a difference. Here's a screen shot of L2 for GRNO from this morning. Realize bids under .50 need to be 5000 to show on L2, so tell me how 500 can take out .45, followed by a 100 share whack at .42 to instill fear.
Not to mention bids are not being reflected. And these are the people that run our financial markets ... this is why i've set out to make as much as possible on these and let the MMs know this cannot continue forever as there are members of the community that have found a way to profit off of their illegal activities:
Not to mention bids are not being reflected. And these are the people that run our financial markets ... this is why i've set out to make as much as possible on these and let the MMs know this cannot continue forever as there are members of the community that have found a way to profit off of their illegal activities:
Yessir, to some degree i'm sure the MMs are aware of what's going on. But, what they dont realize is there are only a few holders with enough shares to allow them to cover their short positions.
You gotta remember, it's not gonna be a joy ride to the squeeze. MMs are painting whatever picture they want to make it look like they're actually doing their job, making a market.
They lost the ability to make the market in CDIV almost a year ago when the entire float was bought up. So, they continue to manipulate the market and sell imaginary shares and will attempt Shake-outs as they feel necessary to induce sellers.
I assure you, none of these will be a slow and peaceful journey. These are not for the faint of heart. The games being played here are extreme, they will test your patience and will make you want to sell. The trick is to not be fooled by their games ... sit back, enjoy the show, and make a lot of profit in the process. Huge learning experience as well.
No doubt about that ... I expect EIGH to be in the .20s before month's end. Also noticed the Accum/Dist and Chi-osc turned up together on Friday's chart, signalling all the additional shares have been absorbed into the float and it's go-time!
CDIV probably has another day or two of consolidation ahead as well. But GRNO looks like it's ready to take another run at .60 over the next week or two.
:toast:
and were off!!!!!!!
<table id="ctl00_CP1_bq_fqt_qt" class="quotetable" style="color: Black; width: 325px; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0"><tbody><tr style="color: White; background-color: rgb(102, 148, 227);"><td class="quoteheadfoot quotehead q_name" colspan="2" style="white-space: nowrap;">8000 INC (OTC) (USOTC:EIGH)</td> </tr><tr style="background-color: White;"> <td class="quoterow" style="width: 50%;">Last Price (USD)</td><td class="quoterow quoteemph q_last_price" style="color: rgb(0, 166, 81); width: 50%;">$0.085</td> </tr><tr style="background-color: rgb(244, 235, 235);"> <td class="quoterow">Change</td><td class="quoterow quoteemph q_change" style="color: rgb(0, 166, 81); white-space: nowrap;">▲ 0.0085 (11.11%)</td></tr></tbody></table>
<table id="ctl00_CP1_bq_fqt_qt" class="quotetable" style="color: Black; width: 325px; border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0"><tbody><tr style="color: White; background-color: rgb(102, 148, 227);"><td class="quoteheadfoot quotehead q_name" colspan="2" style="white-space: nowrap;">8000 INC (OTC) (USOTC:EIGH)</td> </tr><tr style="background-color: White;"> <td class="quoterow" style="width: 50%;">Last Price (USD)</td><td class="quoterow quoteemph q_last_price" style="color: rgb(0, 166, 81); width: 50%;">$0.085</td> </tr><tr style="background-color: rgb(244, 235, 235);"> <td class="quoterow">Change</td><td class="quoterow quoteemph q_change" style="color: rgb(0, 166, 81); white-space: nowrap;">▲ 0.0085 (11.11%)</td></tr></tbody></table>
Nah, there was some dilution which is all part of the FLD process. CDIV has been in play for over a year now, and dilution was announced last month.
MMs used the opportunity to punish the price. Nothing more than manipulation.
Believe me, if big owners were selling, it'd be sub-.10, if not worse. These guys have held for a year, they're not gonna sell now.
FYI, Monk was in Japan last week doing some recruiting. He has lined up several international buyers that should start buying next week from what i've been told.
I dont know how much additional money will be coming in ... but i've been told i'll know when i see it, so i'm guessing we're talking about a serious influx of money flowing in.
I'd recommend averaging up/down, depending on your entry points, on Monday if you're not fully invested in the FLDs yet. The sooner the better because if this new money hits the ask next week, they're all going to fly because from a technical perspective they're all about to turn anyway. Volume will just make them go parabolic.
Also, Monk will be in Germany early next month conducting a "Monkinar" and recruiting more troops. All i can say is this is going to revolutionize the game imo. If you're not invested in these, you're probably going to miss out on being part of history, lol.
:drink: -- Float Lock-Down Kool-Aid
I dont know how much additional money will be coming in ... but i've been told i'll know when i see it, so i'm guessing we're talking about a serious influx of money flowing in.
I'd recommend averaging up/down, depending on your entry points, on Monday if you're not fully invested in the FLDs yet. The sooner the better because if this new money hits the ask next week, they're all going to fly because from a technical perspective they're all about to turn anyway. Volume will just make them go parabolic.
Also, Monk will be in Germany early next month conducting a "Monkinar" and recruiting more troops. All i can say is this is going to revolutionize the game imo. If you're not invested in these, you're probably going to miss out on being part of history, lol.
:drink: -- Float Lock-Down Kool-Aid
