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Wrong, that's your opinion ONLY! EIGH in my opinion is NOT a scam!
T/A NOT gagged!
You are correct, TA is NOT gagged. As for those calling for you to post it, not YOUR job to do their DD. Grow up folks and do your own DD. I've done mine!
Average daily volume per Etrade: Avg Volume (10 days)
3,030,503
Horse is not dead yet! This is NOT a scam, EIGH will move again! T/A NOT gagged!
You don't invest in pink sheet stocks that are speculative to get on demand information! You get the info when you get it, and not a second before! We all know this company is no scam, and EIGH will right the ship, just not when YOU want it to. Maybe Burger King is your thing!
It's coming, wait for it...
PSAR looks like it will flip at .026. Great day so far!
You are correct:
http://www.sec.gov/spotlight/keyregshoissues.htm
Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks such as securities quoted on the OTC Bulletin Board
The volume might come from here:
http://www.sec.gov/spotlight/keyregshoissues.htm
A fail may also result from naked short selling. For example, market makers who sell short thinly traded, illiquid stock in response to customer demand may encounter difficulty in obtaining securities when the time for delivery arrives.
Naked short selling is not necessarily a violation of the federal securities laws or the Commission's rules. Indeed, in certain circumstances, naked short selling contributes to market liquidity. For example, broker-dealers that make a market in a security4 generally stand ready to buy and sell the security on a regular and continuous basis at a publicly quoted price, even when there are no other buyers or sellers. Thus, market makers must sell a security to a buyer even when there are temporary shortages of that security available in the market. This may occur, for example, if there is a sudden surge in buying interest in that security, or if few investors are selling the security at that time. Because it may take a market maker considerable time to purchase or arrange to borrow the security, a market maker engaged in bona fide market making, particularly in a fast-moving market, may need to sell the security short without having arranged to borrow shares. This is especially true for market makers in thinly traded, illiquid stocks such as securities quoted on the OTC Bulletin Board
I saw your original post, and I know that's true as there were a ton of "buys" that day. Just wondering what would happen if nobody was selling at these levels.
Just an honest question, Clay. If MMs were to try to cover now, wouldn't people have to be selling shares to them? And if people aren't selling their shares to them at these levels, then in theory they can't cover?
Wadi, you nailed the last pincher and it looks like you're spot on this time too. And yes, it's even better since we're not being diluted. Gotta love those technicals, huh?
That is an "all or none" order placed through your brokerage:
What is an all or none order?
A stipulation of an order which instructs the broker to either fill the whole order or not to fill it at all. At E*TRADE, AON orders must be for 300 shares or more.
It's the AON that they seem to skip over. A few times in the past I've had AON 100,000 block orders, and they completely skipped me over and I missed out. Don't know why that's the case, but I've learned not to buy AON on TDGI.
Agreed. That chart is setting up for a northward move despite the lack of news. News can only help propel it further. Nobody is selling at this point. Seems we've rid ourselves of those who needed to exit. TDGI has held up pretty well despite its circumstances relative to other penny stocks. Know why? It's not a scam and there's no dilution.
Totally understand. This has been a very frustrating investment. My investment strategy is probably different than some here, so I'm electing to hold longer term and am willing to see the ups and downs so long as progress and transparency is ultimately achieved. I have mine in a Roth IRA, so I'm swinging for the fences with this one as any large gains won't be taxed:)
That said, I realize it's getting more and more difficult for people to wait. Eric and Fred need to put the audit out there. Until then, it's going to be difficult to move on up. I believe this will eventually pay off. And since I'm not retiring any time soon, I have time to wait.
Best of luck to you, Gittes!
Unfortunately, some are becoming impatient. Look, I've waited nearly 9 months, no sense in stepping away now. If they were diluting, totally different story. But I know all their failures, I know they're working to right their wrongs and I personally believe they're taking steps right now to fix this problem. The fact that they're not spewing out PRs tells me they're working on what they need to to get things going again. Not a typical pink sheet company that would be spewing fluffy PRs to keep the stock inflated. The mere fact that they're silent - as frustrating as it is - objectively points to the fact that they're not out to scam people but rather run a legitimate business. Imagine that, huh?
Photo finish that was, closed right on .02. We're at the mercy at this point of the company righting the ship. Gotta get that news and audit out there, that will instantly cure this problem. The market cap is just silly at this point. Even with a steep discount, the library still would make this completely undervalued.
Looks like they're painting the chart. WIll be nice if some buying pressure will bring us green, nice candle on the chart. News is what matters the most.
Nice post as usual, Speck. And thanks for keeping the iBox up to date. We all appreciate it!
I'm with you, Tom. Just checking in for the first time today, and I'm sorry I didn't have some buys in place sub .02. This day to day dribble is just that. Market cap is a joke at this point. All we need is clarity and we'll be on our way. We'll bounce around range bound until the news hits. Still long and strong, waiting for better days.
Yeah, I noticed that. Lots of 50,000 blocks hitting the tape.
Great post Harley. A normal human being usually leaves a stock and its message board when their feelings change. I too have been here since nearly the beginning. This latest period is disappointing, but I too believe it will change. We're not being scammed, we're not being diluted and therefore the downside is fairly low here. The upside is huge.
NITE has affiliations with TD Ameritrade. NITE is the chief market maker on EIGH. NITE's the one alleged to have a large short position on EIGH. You can connect the dots from there, it's elementary.
Still here. Not going anywhere at this point. As quickly as this changed yesterday - and was immaculately orchestrated across all the FLDs - this can and will bounce back in my opinion. We don't have all the information yet, and since I've waited this long, I figure why not wait to see how this completely unfolds.
Totally agree. Emotions whipsawed people yesterday, and GRNO got caught in the crossfire. Quite an orchestration that took place yesterday to coincide with bad news on another stock. This will bounce back.
We'll keep staying positive on the stock and hoping for the best as that's what NORMAL human beings do when they have a vested interest in something and the company isn't scamming them. Not too hard to understand, is it?
Just picked up another 25,000 shares in my Roth IRA. I might be able to retire sooner than I think!
Won't work, company is not diluting, bottom is here. We may stagnate here while we wait for news, but even with the missteps of the company, it's baked in to the PPS. We have nowhere to go but up in my opinion.
Let me help you rewrite your last post:
(Written by Overachiever - edited by jshook)
EIGH has a lot going for it. It has one employee (the CEO) who is a fantastic CEO who is delivering big for shareholders (ensuring that anyone who invests doesn't get scammed)
It does not have fraudulent accounting and a penny stock scam artist but rather a philanthropist that many people are being financially empowered and blessed by.
In short, this is NOT a massive scam and investors here are NOT going to lose a heck of a lot of money. The stock is now 450% higher than its 52 week low of .0003 on 10-26-09.
Ah, the glory of Monday morning quarterbacking. Easy to make all the right calls in your rear view mirror. Things are in motion right now, and once the foundation is set things will really start heating up here. Business model has changed back to the core, what they do best. That means these latest films will be a lucrative addition to TDGI's library. We know they have these films, we know they will move some units on DVD and VOD. We know that those revenues will lead to profit, and we know we stand to benefit from said profit as shareholders. All in good time.
I know what you mean, I'm a few down ticks from having to go into the witness protection program :)
Ouch, somebody's crashing the price. Gonna start picking some up here. Betcha they can't break .02 no matter how hard they try.
EDIT: Betcha we close much higher than .0206. Sucks for whoever *has* to get out.
Still here. Not much to say until the company puts out news. Also, no sense in responding to the clowns of this board. Life's too short to engage them.
Ah, great catch. I didn't see that Network Solutions was also hosting their main site. That's very interesting. Let's see where this ends up. Looks like a lot of things could be shaping up for some nice news.
TDGI.com I don't think has ever worked. Their site has always been hannoverhouse.com.
I just loaded up the boat. MMs more than likely just sold me thousands of dollars of shares they didn't *really* have to sell me. Made my day!
Great article. Totally relevant to the situation here with GRNO. Accum/Dist on the chart tells the story too!
You're so right. Never fails. Maybe they'll get one or two people to sell when lowering the price, but the amount of people buying more shares more than offsets what they're doing. Gotta love GRNO!!!!
I wholeheartedly agree with what you said. I'm glad to see regulators getting wise to the fraudulent scheme that's perpetrated daily in the markets on BOTH sides of the issue. And yes, maybe their looking into this subterfuge will shed light in areas that some may not want illuminated. You see, it's a win-win situation for me the average investor. Stocks like GRNO wouldn't be illegally shorted illegally diluting the shares of a company I own. There wouldn't be share selling scam companies and promoters allowed to "legally" steal from investors. There wouldn't be people with deviant motives posting subtle messages on message boards. I may be able to once and for all actually find useful information easily about the company I'm investing in rather than having to sift through messages littered with agendas. All in all, the original intent of making a wise investment and assuring a fair shake at making money in the market would be restored if these regulators you speak of were to look at the "whole" mess.