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Agree, add to your short position. Easy money.
Definitely going to be interesting what they report. Don't think they will have any write-downs, so the 20 million milestone payment they recieved will send them to a nicely profitable quarter. But it will be the GSK sales numbers that will ultimately push this much furter if they show a nice increase.
Wonder if EIGH will sell a shirt this month. Maybe they can get lucky and sell 2 shirts and a pair of socks. How will revenue of $15.00 look against a market cap of 10 million? Most will probably post about what a great buying opportunity this is.
Look at the history of this shell, and you will know why financial institutions are protecting investors by not letting them buy this junk.
Better question, if it is locked down, why does this keep going down?
Just a matter of a time before this is sub-penny. Im at least impressed it has stayed this high for as long as it did.
Wow, you think there is going to be that aggressive of a reverse split? You think it will be under a penny when they reverse it 100 for 1?
Well, i really thought the NDA would have already been submitted by now, so i figure within the next month it will be. Should be any day now IMO. And that is a huge event.
Where is everyone? How is everyone doing here? How is the disc golf game coming?
Going to play tonight, been playing 2 times a week. I keep trying to get my drive further, to no avail!!! I THINK I NEED LESSONS!
Im stuck at 300 feet, and reading some info on the web, someone says with the right form you should do 350 feet no problem. Arggg!
IMO, i would wait. Wait until financing is announced. Either the day of financing or very shortly after will be the bottom IMO.
This post is noise. .75 per share? Are you kidding me? This company is not worth a roll of toilet paper or a burrito stand, let alone 100 million dollars!!!
Thanks for the joke of the day though.
If the float is locked, and you are all buying as you say you are, THEN WHY IS THIS GOING DOWN!?!?!?!
Do you realize, when you say 'the float is locked', what that makes you look like?
2ndly, there is absolutely no way for you to prove the float it locked, which it isn't becaue this thing keeps falling while your team is so-called buying.
It is a good move if you had their agenda.
People who hold shares here want other new investors to buy them from them at these prices.
Publicly available but, NON-VERIFIABLE and NON-AUDITED data.
In other words, data that is just as believable as any information conjured from a message board poster.
Since you own the float, then why isnt this going up when people buy? Why is there always an ask set at .06 to .07? You are in essence then saying that YOUR TEAM is selling at .06 to .07 to people here that you are trying to get to buy? If your team OWNS the float, and this is gonna fly, THEN WHY IS YOUR TEAM SELLING HERE TO THE ONES YOUR URGING TO BUY?
Already have. And i can post opinions all i want. If every post needs supporting facts, then 95% of posts on IHUB will have to be removed because they are opinions, usually speculative in nature.
mytigger, you could very well be correct. There could be a time when you may very well come close to owning the float. However, even if you own the float, remember, he owns the shell and can simply print more shares for himself anytime he wants. And trust me, he has done this with every P&D in the past except 1.
You are right about Monk and his team, they have indeed kept this higher longer than i would have thought. But, what happens i sort of disagree with you on.
THIS is what i think is going to happen.
With this selling for around 7 cents a share, i can next to guarantee you JB will NOT move onto one of his other shells, but 504 more shares, either 10 million or 20 million more (he has always done in increments of 10 million in past) and sell them here with a few more PR's yet to come AFTER he 504's more.
Folks here have to keep a VERY close eye on dilution and contact the Transfer Agent every other week.
Since Monk and his cronies have kept up decent volume, JB will certainly issue himself more shares and dump them onto these folks, and if they continue to keep it up, he will keep doing it.
The reason he went onto other shells in the past is because he lost confidence in investors, there was no volume, and he could not pump it up any longer to sell shares so he then went onto another shell and found a new face.
SO in short, im betting a 504 is around the corner, if it hasnt already been done since the last time i contacted the TA (3 weeks ago i believe).
All this persons shells had 'real companies' with either a real product or service. Some were in development stages.
The problem is, the companies are imaterial/small - they are just used as faces of the shell so he and his crew can pump and sell shares, then move on to the next shell/company after slowly letting the company fade back in the distance (and stops issuing PR's). When he does this, he moves onto one of his other shells and repeats the process. He rinses/repeats between a few shells.
So in essense, yes, the company most likely is real, but inflated beyond belief. PR's will make them sound like Fortune 1000 companies, when in fact, they are either 100k or less sales a year companies, or companies ran out of a closet they are so small.
Most of the time, he meets people in clubs/bars and that is how he finds business owners and talks them into doing this (being the face of his shell) if he feels it is a business in a good enough market to pump up.
He has done VOIP/, Online Porn, Remote Device for Medical Records, RFID, Cannoball 8000 (which was the one previous on this shell), and im missing 1 more.
He has a couple shells he goes back and forth between, letting one die out after he sells his shares, comes back to it after people lose their money and things die down.
Tell you what. Im also watching curiously on the sideline also.
Facts are, i KNOW who is behind the EIGH shell. The shell itself is a P&D scam.
HOWEVER, with that said, If Monk and his team truly get this to, lets say, even a quarter a share, then im absolutely impressed and will be the first to come on this board and congratulate.
Another fact is, i have no clue if Monk and his team here have a relationship with the man from England who is behind this shell.
Bottom line, if this gets to a quarter or more a share, im truly impressed and will be the first to come on here and congratulate everyone. Because i know how hard it is or will be because i know who is behind the shell.
Thanks, but one question. How do you know all this?
interesting
keep us informed
that is very strange buying/selling
Im amazed more are not buying up, simply for the event of FDA accepting NDA within next month.
they wont even sell 500 dollars worth, let alone 1 mil worth.
Problem was, yesterdays news was not quantitive. Who knows what amount NEPH was expecting for sales with them. Most likely not even material.
Also, remember, financing is yet to come. And at this low of a price combined with less sales potential in the future with the recent FDA device denial, financing is going to be very, very ugly for investors.
Previous poster has this right, its not done going down yet. Probably far from it.
Personally, i thought within 1 to 2 months from ASCO presentation/release of phase 2 data.
It could be anytime now, but one thing maybe worth to note is that Biomedreports has a september date for submission. Now, i cannot stand biomedreports and strongly believe they have become a paid for pump and dump media outlet (see POSC saga), but it is worth to note.
I really feel it will be 'anytime'.
It will be pretty big news though, so really, really anxiously looking forward to the event :)
He is running out of CEO's though.
His reputation in Birmingham is decaying by each pump.
Your using a 'PINKSHEET COMPANYS OWN WEBSITE' for DD?
Your kidding right? That was a joke, right?
Im sure Monk is out all or almost all he initially bought. The rest, well, they will learn.
Once JB is out of shares, the 504's WILL come. We have seen it how many times?
If he was not so greedy, things would be soooo much more successfull and easy for him.
What you worried about? That im making bank?
You should be more worried about the price and it going down than another message board user, shouldnt you?
Regardless if you believe me or not, i have continously stated this would go down to a nickel and IT DID.
Who are people going to beleive, me, or they guy who says this is going to hit a buck and that everyone should buy more?!?!?!!?!?
Easy answer.
Blaming the MM'S is the BIGGEST excuse in the world.
What you SHOULD be worrying about are the other people in this getting out with their shares before you, and taking out all the big prices.
When the bid is down to .02 or .01, your shares are not going to look as good as when they were .08 and .05 right now.
Its your money, protect it and lock it in - the other people in this sure will be and by the looks of it, are.
I HAVE been, are you new here?
Im up BIG! Can you say that? If not, then SHORT THIS.
To the other user that PM me, interactivebrokers or thinkorswim
Call and talk to a CSR first
Those would be your (retail investor) best bet
Thank me later ;)
ROFLMAO! You continue to at least add humor to the board. Don't know what is better, the one im replying to or this:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=51376967
Did you by chance just start investing? Seriously
Your still buying? Wow, im sorry. You and so many others must be down a TON
Well, easy way to make it back, short it. We all know where its going.
But wow, you must be losing money HARD on this, for all that you bought all the way down and still buying.
Funny how everyone says every day that they are buying, yet only about 25 grand TOTAL is bought in a day. Really weird.
Thats funny. Why do you all post:
'comon guys, hit that ask'
or
'Blue light special, buy more'
or
'These are sure cheap here, buy more'
* then after it drops 10% that day, the next day you post *
'These are sure cheap here, buy more'
* then after another drop of 10%, you post...
'these are sure cheap here, load up the truck....
* then....
So who needs to STFU?
Your schtick is old, now go back to pumping so i can make more money shorting!!!!!
Why?
Because IMO it is a scam, and it doesn't take a rocket scientist to see this?
Why would i be sour? Im making bank!
Raise the price up guys, so i can short more! Comon, pump!
Now your catching on. VERY smart Hawkeiz ;)
The answer is obvious.
Well, anyone that listened to me would be up big as i am.
Anyone that listened to most on here and have a big loss can make it back by selling, and then turning around and shorting.
It hit a nickel like i stated it would (albeit a little quicker than i thought) and it will hit 3 cents next.
Still easy money, but i locked in a ton of gain. On any 'news' spike, i will short more.
This is fun!
No one with a brain would buy this garbage, unless their buying to cover.
Congrats all, another HUGE day for us. I have been making a killing, taking some off the table. Think most of the 'buys' are me covering - otherwise this would be down much more.
This was very easy money. Still have some for a further ride down. It doesnt get any easier.