Here's the charts I made for the three FLDs. I'm not including any of the indicators I use, but of course i've taken into account the usual Accum/Dist, OBV, and Chi-osc. There are a lot of other indicators I use, i just prefer not to post 'em.
You'll see all three are in Ascending Triangle patterns (the Dashed White Lines on the charts below), and based on the other technical indicators, it's likely they'll break-out to the up-side as this is typically a bullish signal. There's always a chance it's not an Ascending Triangle, in which case they'll just continue trading in their channels until a catalyst (volume, news, etc).
May is going to be GREEN.
CDIV
EIGH
GRNO
You'll see all three are in Ascending Triangle patterns (the Dashed White Lines on the charts below), and based on the other technical indicators, it's likely they'll break-out to the up-side as this is typically a bullish signal. There's always a chance it's not an Ascending Triangle, in which case they'll just continue trading in their channels until a catalyst (volume, news, etc).
May is going to be GREEN.
CDIV
EIGH
GRNO
It's tough to say Punter, even these FLDs seem to follow conventional charting even though one wouldnt think this to be the case. Reason being, the MMs are simply doing their job, making a market. So, even though basically every share bought is a naked short, it doesnt mean "normal" technicals / charting methodogies dont apply.
In the end, the MMs will find a way to profit. They'll run it up high enough to obtain the highest entry level to start aggressively shorting and run it back into the ground at some point. Ultimately, all we're doing is forcing the MMs to short shares. Their job is to make a market, so they are forced to naked short millions of shares after the entire float has been accumulated.
At some point, the chart will look abnormal, but the MMs arent going to give in until the very end imo. But, with CDIV the end is near ... I dont know how much longer, i'd say there's a high probability the squeeze plays out in May, but my calculations put the timeframe out a bit further and it looks like June/July will likely be the end-game.
As you can imagine, EIGH's and GRNO's process will be expedited due to the massive profits that CDIV will yield the core team. We're talking profits in the 100s of Millions of dollars which means the team will be able to lock-down company's floats within a weeks time. The team will basically become their own hedge fund in the end. Now this is something I had to be a part of.
<<News!
8000inc (EIGH.pk) updates Shareholders on Corporate Developments, Brand Expansion and Brand8000 Global Launch.
8000inc (EIGH.pk) updates Shareholders on Corporate Developments, Brand Expansion and Brand8000 Global Launch.
PR Newswire
MANASSAS, VA, May 19
8000inc unveils plans and actions to date, Brand expansion prior to the official global launch of Brand8000 quarter 4 2010 and pre-launch revenue.
MANASSAS, VA, May 19 /PRNewswire-FirstCall/ - 8000inc has now completed the final preparations for the Brand8000 Global launch in quarter 4 2010. As per the business plan, all the foundations and market positioning of the group are in place ready for the pre-marketing campaign beginning June 2010.
8000inc now comprises of 14 subsidiaries operating in 3 continents across multiple markets. Each subsidiary is placed to support the internal needs of the Group and generate increasing revenue across the board, for both the internal and external markets.
During quarter 2, in preparation for the Brand8000 launch, 8000inc has secured multiple positions and opportunities to capture market share and position before the formal launch. As part of the pre-marketing campaign, 8000inc has agreed to sponsor in partnership with the Barbados Golf Association the Barbados (www.barbadosgolfassociation.com) Golf Open at Royal Westmoreland (www.royalwestmoreland.com ) where all marshals and volunteers, not to mention the golfers, will be wearing the Brand8000 line. 8000inc has also agreed to sponsor the prestigious Carlton Club in Barbados (www.carltonclubbarbados.com). This agreement covers all aspects including incorporating the company's name and logo at all levels.Brand8000, www.Brand8000.com, has now extended its products to include the Platinum exclusive line and a bespoke tailored range in partnership with an international sporting name. Brand8000 has already taken 600 orders of it exclusive new line. 8000incRacing will be launching its new car and sponsors at Mosport on June 11th. During June, the final stages of the flagship store at Limegrove (www.limegrove.com) will be completed with the shop fit expected to be finished this November. More detailed information will follow on each and every development.
Tom Kelly said," We have now laid the foundations of the global brand 8000inc and in my opinion something very special in Brand8000. We now have market position and share, secured customers, pre-launch revenue and significant awareness on a continual basis. 8000inc is positioned perfectly for the full portfolio launch beginning quarter 3 and culminating in a series of international events quarter 4. We believe that 8000inc and its shareholders will now benefit from and be rewarded through the significant events about to unfold. I personally thank the team for their hard work and commitment and their effort will without question deliver reward, success and return for the company and shareholders alike. For those shareholders who have been involved since the beginning exciting times ahead immediately ahead of us and for those new shareholders, this is just the beginning."
8000inc (EIGH.pk) updates Shareholders on Corporate Developments, Brand Expansion and Brand8000 Global Launch.
8000inc (EIGH.pk) updates Shareholders on Corporate Developments, Brand Expansion and Brand8000 Global Launch.
PR Newswire
MANASSAS, VA, May 19
8000inc unveils plans and actions to date, Brand expansion prior to the official global launch of Brand8000 quarter 4 2010 and pre-launch revenue.
MANASSAS, VA, May 19 /PRNewswire-FirstCall/ - 8000inc has now completed the final preparations for the Brand8000 Global launch in quarter 4 2010. As per the business plan, all the foundations and market positioning of the group are in place ready for the pre-marketing campaign beginning June 2010.
8000inc now comprises of 14 subsidiaries operating in 3 continents across multiple markets. Each subsidiary is placed to support the internal needs of the Group and generate increasing revenue across the board, for both the internal and external markets.
During quarter 2, in preparation for the Brand8000 launch, 8000inc has secured multiple positions and opportunities to capture market share and position before the formal launch. As part of the pre-marketing campaign, 8000inc has agreed to sponsor in partnership with the Barbados Golf Association the Barbados (www.barbadosgolfassociation.com) Golf Open at Royal Westmoreland (www.royalwestmoreland.com ) where all marshals and volunteers, not to mention the golfers, will be wearing the Brand8000 line. 8000inc has also agreed to sponsor the prestigious Carlton Club in Barbados (www.carltonclubbarbados.com). This agreement covers all aspects including incorporating the company's name and logo at all levels.Brand8000, www.Brand8000.com, has now extended its products to include the Platinum exclusive line and a bespoke tailored range in partnership with an international sporting name. Brand8000 has already taken 600 orders of it exclusive new line. 8000incRacing will be launching its new car and sponsors at Mosport on June 11th. During June, the final stages of the flagship store at Limegrove (www.limegrove.com) will be completed with the shop fit expected to be finished this November. More detailed information will follow on each and every development.
Tom Kelly said," We have now laid the foundations of the global brand 8000inc and in my opinion something very special in Brand8000. We now have market position and share, secured customers, pre-launch revenue and significant awareness on a continual basis. 8000inc is positioned perfectly for the full portfolio launch beginning quarter 3 and culminating in a series of international events quarter 4. We believe that 8000inc and its shareholders will now benefit from and be rewarded through the significant events about to unfold. I personally thank the team for their hard work and commitment and their effort will without question deliver reward, success and return for the company and shareholders alike. For those shareholders who have been involved since the beginning exciting times ahead immediately ahead of us and for those new shareholders, this is just the beginning."
This plan is a sham. These things are getting crushed. Get out while you can still get something.
Sorry kuwl. You shoulda backed offa this plan weeks ago when these "stocks" broke down.
I hate to see the uninitiated get taken.
And while we're at it, China is in a free fall as well, and has been for a couple of months now. In my opinion all positions shoulda been cleared outa that china thread weeks ago. Those stocks got a nice ride but Tiznow warned that thread weeks ago, and was rudely admonished for doing so (not by kuwl).
Just my opinion but anyone who has any basic chart knowledge knows that Tiznow was dead on.
Sorry kuwl. You shoulda backed offa this plan weeks ago when these "stocks" broke down.
I hate to see the uninitiated get taken.
And while we're at it, China is in a free fall as well, and has been for a couple of months now. In my opinion all positions shoulda been cleared outa that china thread weeks ago. Those stocks got a nice ride but Tiznow warned that thread weeks ago, and was rudely admonished for doing so (not by kuwl).
Just my opinion but anyone who has any basic chart knowledge knows that Tiznow was dead on.
I have almost 25% of my portfolio in the FLDs and I will continue to add ... and I consider myself a conservative investor. Those that wait out the down-turns will be rewarded.
CDIV ran from .13 to .01, then to .08, then back to .03 ... these heavy walk-downs happen, it's pure manipulation if you ask me, but i'm not trying to convince anyone of anything.
Great buying opportunity on CDIV and GRNO ... EIGH could get cheaper, who knows. All i know is EIGH will probably be trading .50 => $1 later this year ... and I anticipate CDIV to be $3-4 at some point.
@)
like anyone i wanna see my plays go up but im not ready to throw in the towel on this one yet....im gonna add to my position on monday and see how the rest of the week plays out. i agree from a technical perspective we have broken down....i dont think technical is 100% accurate in pennies especially when theres an exotic strategy being implemented here.
notice the 2 other float plays were up over 20% reversing freefalls that they were in....i wouldnt be suprised if there was some dumping of eigh in order to chase the other 2 FLD's that were hot and on the move yesterday....i think theres a decent chunk of change being rotated around these plays.
Agreed, these arent chart plays. These are long-term buy and holds. CDIV went from .001 => .13 when it was first announced. Then went back to .01 ... then went to .08, then back to .03 ... it bounced around in the .05-.10 area for a while before finally breaking out. But if you just held, you'd be sitting pretty right now and be dealing with long-term capital gains taxes rather than short-term.
That is why i think it's important to get into EIGH and GRNO now and forget about them for 4-6 months at least. CDIV has been in-play for 15 months now. Patience is all that is required ... and if CDIV plays out as expected, you can bet the in-flow of funds into the others and future FLDs will be unimaginable.
I aint going nowhere, i realize the potential these have and it's a game-changer. The sooner you get in, the better ... ultimately, these will change the way MMs operate and future ones might not play out as well as the current ones.
this seems like a scam to me
basically the the ones pumping it i see as people that gobbled up alot of cheap shares up till march and now they are having trouble finding buyers to unload their shares so they come up with some elaborate story to get people to buy this garbage
these issues have very little volume so its very hard to get rid of it at these elevated prices if you have a substantial position that has been built up
anywho maybe i'm wrong just my random thoughts
GL
basically the the ones pumping it i see as people that gobbled up alot of cheap shares up till march and now they are having trouble finding buyers to unload their shares so they come up with some elaborate story to get people to buy this garbage
these issues have very little volume so its very hard to get rid of it at these elevated prices if you have a substantial position that has been built up
anywho maybe i'm wrong just my random thoughts
GL
