EIGH is a flippers dream as it's easy to scalp it for 5-10% ... sit tight and let CDIV do it's thing because all that money will flow from there into EIGH, GRNO, and PNTV. CDIV will be the first to squeeze, this i'm 95% sure of.
The reason I'd load up on EIGH now (and I have been, bought over 150k in the last two weeks) is because the power of percentages. Where it takes CDIV just over 150% to get to $1, it'll take EIGH over 1500% to get there.
I dont think double-digit dollars is out of the question for any of the FLDs.
But, we need to see it to believe it. However, if CDIV starts to squeeze, there will be a mad rush to buy the others, so best to get in early and reap the rewards.
one major issue is liquidity and getting in and out of issues such as this to "flip"
like today eigh had dollar value volume of roughly 22k
and you can sit on the bid or ask all you want but MMs gonna push the little guys aside alot and is hard for the little guy to get his orders filled
like today eigh had dollar value volume of roughly 22k
and you can sit on the bid or ask all you want but MMs gonna push the little guys aside alot and is hard for the little guy to get his orders filled
In most cases, low volume is not a good thing; however, in the FLDs low volume is a great thing. If you look back over CDIV's chart, everytime the volume died off, we had a major rally.
Just means the flippers are bored and selling and moving on. Then the volume usually comes back.
You'll see what i mean once you look at CDIV's chart from earlier this year. I'm expecting a similar run in EIGH to take place over coming weeks/months.
The liquidity will be there when the MMs need to cover 100M shorts : )
was bored and took a closer look into these guys
you might be onto something with GRNO as they do slop oil stuff which is basically junk oil (mixture of oil, water, chemicals) so there might be something in the works as it relates to the gulf oil spill (lots of slop oil collected from sifting it off the surface of gulf and now a question of wtf to do with it) so there might be something legitimate behind this guy beyond just hot pump and dump air
you might be onto something with GRNO as they do slop oil stuff which is basically junk oil (mixture of oil, water, chemicals) so there might be something in the works as it relates to the gulf oil spill (lots of slop oil collected from sifting it off the surface of gulf and now a question of wtf to do with it) so there might be something legitimate behind this guy beyond just hot pump and dump air
and regardless of the gulf issue (i'm not even sure their technology is applicable to the gulf oil spill in any way) they seem to be into something that definitely has future growth potential in being able to convert left over oil waste from refineries into usable oil....
cdiv 60 million market cap for a few people putting apps up on the iphone/ipad umm...okay....have fun with that
cdiv 60 million market cap for a few people putting apps up on the iphone/ipad umm...okay....have fun with that
GRNO broke the high of the year earlier today...the pressure is on big time with GRNO. the "team" is trying to force the squeeze. i'm not 100% sold on the concept but it will be interesting to see what happens in GRNO over the next couple weeks. I agree with Tiz the PR's put out by them actually show a good business model
