I sent this out as an e-mail this morning for those that are not signed up... Here it is...
Good morning all...
I think it's important that we take a minute this week to remember what we have and what we should all be thankful for...
I personally, am thankful every day for those that I have met here on I-hub via the chats and boards as well as those I have met in person or over the phone...
Remember our service men and women that can't be home for the holidays...
I know we all wish the market could be open every day... but times like this are important for our own mental well being...
Market will be closed Thursday and only open for a half day Friday...
As many of you know, CDIV is my favorite play...While I certainly have other long plays and daytrade many others...I think it is especially important in this short week that we add what we can to our CDIV position... We did an informal count yesterday and we have approximately 44.5 million shares of the 49.8 million float locked up...
I know... we watch every day and say where are these shares coming from when we see sells at the bid... Well... It's simple... most recent estimates put the market makers about 14 million shares short...So what can we do about that... Easy... we add what we can and we have a little patience while Nazir (the CEO) completes his plan... And Remember... The company is not diluting... the TA is ungagged... we can check that anytime...
"But, I have been in and it's still here in the .05 range"... I know... but if you have ever been in a short squeeze then you will understand why it's important to accumulate all you can during times like this...
I have personally been involved in 2 other plays where a group of disciplined investors locked up the float to the point where they held more than was actually out there to trade...Keep in mind also, that it really doesn't matter what the company does... While I feel Cascadia is fundamentally sound and will grow nicely... take a peek at what we did with 2 worthless companies...
TUBR about a year and a half ago... A completely useless company by all rights...not meant as a criticism to them... but nothing for revenues and in my opinion a poor business model...
We locked up the float and took it from around .40 to $4.44 in 13 days... Keep in mind... we were all in for a long time prior doing exactly what we are now with CDIV... just locking up the float...
EVCC around the same time frame... another penny stock with a nice share structure... Are you ready for this... a one man company... he made catalytic converters in his garage... again... we locked up the float... we took this one to nearly $8.00 in two weeks...
I realize it's hard to be patient during the boring phase... but, I'll tell you what... when we all get to the fun part and the covering starts... you will see us movng like a rocket... as I say on the boards all the time... right now.. this is all foreplay... the real fun fun hasn't started yet...
We all want to make money... that is why we play this came called the market...
Well if you want to win... you have to play by the rules...and a disciplined team can in fact beat the MM's at their own game...
My next trading station...
