So you mean that despite the fact that technically the ENTIRE float was already bought up before the dividend was even known to exist would suddenly cause all those who bought to sell after the dividend? Even though they got in for reasons OTHER than the dividend? Or are you suggesting that holders of EIGH are psychic and knew the dividend was coming even before the company decided to give one? Very deep... very deep indeed.

I'm curious to see how this plays out. Will there be additional dividends? Will there be an uplisting?

It's just very ammusing to me to ponder how much squirming is going on right now. It seems the power has shifted and someone(s) who is used to getting their way are getting upset.

And if everyone did what you suggest, then this would have been another one of the 99% of stocks the MMs successfully smack around with their manipulation. If you want to ride the manipulation and feast on the regurgitated bits they leave you, then so be it. But sometimes there are things worth standing up for.

Yup... which explains the explosion of volume as the stock price has decreased... Oh wait... that didn't happen.

Time for a new theory bub...

No wonder foreclosures are such a big problem in the US today. I had no idea that a house going into foreclosure caused the structure to collapse. I always thought a mortgage was simply an instrument to finance the ownership of the building. I had no idea it played such a big role in the stability of the structure. Hmm... learn something new everyday.

There are a couple points that should probably be made...

1) The MMs are not stupid. There is HUGE money in the financial markets. This allows them to hire the best and the brightest minds out there. They are overconfident and egotistical. Who can blame them. Their tactics work more than 99% of the time, why would they believe they wouldn't work here?

2) They continue to work the PPS because they the game is being forced on them and they are trying to maintain control. Can you imagine what would have happened if the started covering as soon as the news hit yesterday? Most retail investors do not even bother to read (absorb) news. They judge the quality of the news by the reaction of the stock price. Had they started to cover and caused the stock to explode, the dumb masses would have piled in. Instead, they worked the price down to give the impression that the news wasn't good. This effectively keeps the dumb masses out and potentially causes other longs to sell. But judging by the volume, they were not successful in the later goal.

3) The MMs (institutions) will not go broke. In fact, it is likely they will actually make money on these stocks even if they squeeze. Only they know when they have covered and they may very well go long after covering and profit from other greedy investors jumping in at the end of the run.

4) What is happening here is bigger than EIGH. If there really is illegal shorting going on (likely) then the MMs risk it being exposed. If they lose this battle (which they are), it sets the script for how to take on illegal NSS. In the end, the MMs will change their tactics and find other ways to make money. But they don't want to lose a cash cow they've been benefitting from for years.

lol... fair enough. no worries man.

So what you're saying is that mobsters, drug dealers, prostitutes don't exist? I mean, all these things are illegal and carry much higher risk than simply manipulating a stock. But last time I checked there are people that actually still doing these things. Hell, the mafia was most powerful when illegally making and distributing alcohol during prohibition. Good thing there were laws prohibiting them from doing that...

There have been quite a few large institutions that have been fined for illegal manipulation (including naked short selling). Even Goldman Sachs paid a decent fine while admitting no guilt for some of the things they've done. But what do they care? They made hundreds of millions and millions more on interest and re-investing the ill gotten gains. The fine wasn’t even a drop in the bucket. At least drug dealers, mobsters, and prostitutes are putting their life on the line. That's some serious risk, yet people do it. So what kind of deterrent is a simple slap on the wrist?

Why do you assume that CDIV, E and P would go up? I think the last thing and short would want is for people to believe that the news on E was positive or indicative of a squeeze. The vast majority of retail traders gauge the quality of news by the stocks action. If the stock goes up, they think the news was good. If it goes down, they think the news was bad. Most are too lazy to bother reading it themselves. If I had a huge short position, I would certainly be willing to put another couple 10,000s at risk to help scare the lazy/dumb out or to prevent more of them from getting in.

And you are dead wrong. Shorting 30M shares at even an average price of .15 would produce 4.5M. That money has been sitting in the bank for over a year gaining interest (more likely reinvested). So why would anyone risk a couple hundred thousand (being put out of business is extremely rare) to make a couple million? I personally wouldn't because of my own morals and values. But again... It's been proven that people like that exist.

And loss of insurance would most likely prohibit their continued activity in the stock markets.

I apologize ahead of time for sounding a little insensitive with these remarks.

When those passengers attempted to re-capture the plane that crashed in that field in Pennsylvania on 911, we called them heros. Was it heroic? Sure. But we cannot overlook the fact that self-preservation was the major factor. They knew taking no action would end their life, so they felt they had no choice.

But what happens when self-preservation is not a factor? I've heard stories of people ignoring muggings, murders, and rapes. Witnessing these atrocities and doing nothing. People willing to help others when there is little to gain for themselves and a lot to risk are rare. And this is being right there face to face. So if human beings by and large can ignore the anguish of someone they can see and touch. How much easier is it to ignore the faceless nameless masses across the Internet? And how odd is it that they all show up at once? I certainly didn't see the shining ray of light come down from heaven... or hear the horn of the hunt sounding. How is it that so many selfless souls felt the need to show up simultaneously to save us helpless victims?

Unless of course that wasn't really their goal.

Are you suggesting there is naked buying? That's an odd concept really. I think I'm going to naked buy a car today, take it home and then not pay for it. That should work out...

But seriously... What you are talking about is not artificial buying. It is real buying that is caused by artificial events (possibly).

And company valuation has no relevance here. Was VW's stock price justified when it had a short squeeze? Absolutely not. It was the direct result of a backfired attempt to profit from manipulating the stock price down. Now don't get me wrong, CDIV is in no way shape or form VW. But stock price is a direct result of perceived value... not book value. And the only reason the perceived value is so high (higher than now) is because people believe a large illegal short position exists. Given today's news on E, the possibility of that being the case went up substantially.

Do you really believe that illegal shorting doesn't exist? Do you believe that things like the Reg-Sho list were created because the SEC was bored and had nothing better to do? Do you believe that these large institutions that paid fines to the SEC for naked shorting did so because they just like giving away money and didn't actually do anything wrong? When the potential gain is millions, the potential risk is measured in hundreds of thousands, and the chance of being investigated let alone caught is miniscule… Why wouldn’t those with the capabilities do it? Integrity? I’m not even gonna touch that one.

IMHO, there is still illegal manipulation in the markets today and we've had a front row seat.

You're missing a very key component. In a free market controlled by supply and demand, sheer volume is irrelevant. If the buy volume is for 2,000,000 shares and the shares for sale are 1,000,000, the stock should rise. If the buy volume is 2000 and the shares for sale are 1000, the stock should still rise. The only way to pervert this mechanism is to introduce artificial sell volume. It is much easier to successfully apply this manipulation when the volume is low as it costs a lot less to do it. Would you not agree? Is this not a plausible explanation for why we continually see these explosive rises and slow bleeds on low volume? Couldn't this be in effect the MMs working the price down when volume is low and getting out of the way when volume explodes because the cost to control it is too high?

It's funny, I was explaining the concept of Occam's Razor to Krystal the other day as it pertains to whether or not NSS exists.

For those unfamiliar with the concept, in a nut shell, Occam's Razor suggests that "the simplest explanation is usually the correct one". The explanations that require the most assumptions are the ones most likely to be wrong as there's a chance that each assumption itself could be wrong. Anyone familiar with probablity can tell you that each unknown factor increases the variability of the outcome. In a simple coin flip, the chance of getting heads is 50%. The chance of getting two heads in a row is 25%. The chances of getting 3 heads in a row is 12.5%... etc... now, you're probably wondering how this applies to the concept of whether or not NSS exists.

Simple...

Given the stock manipulation we have seen and the constant barrage of detracting posts, should we believe that...

1) No NSS exists. There is no manipulation. The detractions are being done by kind hearted souls looking to help protect us (this here is a multi-variable in itself).

2) No NSS exists. The manipulation of the stock is a simple attempt to profit from overbought and overvalued stocks. The detractions are being done by kind hearted souls looking to help protect us and is not related to the manipulation in any way.

3) No NSS exists. The manipulation of the stock is a simple attempt to profit from overbought and overvalued stocks. The detractions are being done in coordination with the manipulation to maximize profits.

4) A NSS position exists and the manipulation and the detractions are a coordinated attempt to protect it.

So let me explain this a different way. When the tide rises, do boats rise too? What if a boat does not and instead sinks (and it's in working order)? Would you find this odd?

So when the stock falls when there is stronger buy pressure than sell pressure? How does that exist in a free market?

Because they take time... There are few that got into CDIV early. Those that missed that boat got a shot at E and G early. Those that missed that boat got to P. You don't have to play every one. That is the mistake people are making. They are psychologically beating themselves up every time one of the plays they are not in take off. Be glad to get in early and believe that there's going to my significant money flow coming in once one of these pops. It will be like a chain reaction. In the meantime, we wait.

I don't think CDIV will be the first to squeeze. Although the MMs will eventually need to cover on CDIV, there is no concrete event that will force them to do so. E on the other hand has already had that mechanism put into motion. But have faith. Once E goes, you're going to see a lot of money going into the others. If the MMs were smart, they'd start bailing on CDIV now instead of fighting the buy pressure that is sure to come. But like an undefeated team down 40 in the forth quarter... They're gonna keep throwing until the final gun. Their egos make it near impossible to admit defeat. In the end, they'll lose by more than 40. But they just can't see it quite yet.

Doesn't that seem a little odd to you? Normally drops are violent and rises are more gradual. Seems a little artificial and against the normal pattern freely trade stocks exhibit.

But not as good as when they are 4.03. lol

They are trying desperately to give the appearance that this is bad news. Lots of coordination going on right now.

I have no doubts were going to get the opportunity too. It will continue until they are forced to cover or until they realize that it will take too many resources to force the stock down further.

Everyone, don't expect an immediate move up. I would actually expect a force down here. Perception is reality. They need to give the perception that this news is bad. Most people look at stock price to determine the quality of the news. Most people sell when it looks like news is hurting a stock without taking the time to understand the news.

But you can buy someone elses short. MMs can and do swap shares around to effectively reset the date. Unfortunately for them, not all the newly shorted shares go to their buddies. That short position starts to balloon over time. And I have to believe that they already shorted a good portion of stock before they even realized they needed to start swapping spit. I'm sure they're not all that comfortable doing that anyway. Unless you really believe in honor amongst thieves.

And it always amazes me that people don't look at volume when considering the strength of a move. These "big drops" on tiny volume are just games.

If by collapsing you mean being walked down on significantly lower volume then I agree otherwise...

Except for one very important thing you have to keep in mind. The money you make in trading is someone elses loss. The whole reason the market works is because fresh losers keep coming into it every day. It would never be possible for everyone to make money. Someone's got to lose.

Since the chart images are rendered (and not static), you can also right click on the image, go to properties and copy the image URL. Pasting that into a window will give you just the chart itself in a window. You can refresh that and it will update. I'm not sure how long those image tokens live for though, so it's possible that would need to do that again if the token (ID) for that chart expires.

Actually, I think it was Spiderman 1. lol

Looks like the full court press is on...

I see the new tactic is to attack Jerry directly. And it seems any attempt to engage is off-topic.

So is this absolute fact? Do you have a link or some sort of proof? Or is this just more unwarranted cynicism?

Me personally... I' don't know what is going to happen with CDIV this year. That's why I'm going to watch and react to what I see. The MMs still seem to be doing their thing and it seems a couple of team members have helped them prolong their tactics. Otherwise, not much has changed. People still accumulating (myself included) and waiting for "uncle".

I hope that's not the case. That's how they nickel and dime you to death. Each trade, they trim a little off.

Just imagine if CDIV was getting the volume E is/was getting. We'd be over $1 already. It's coming.

And here comes the attempted walkdown.... AGAIN!

I guess they don't know how this team works. We have a lot of people that are likely to increase their buying if they keep this up just out of spite... lol

Since everything happens behind a veil, it's impossible to know what they are doing. They may fill your order with a legitimate sell. They might take a look at it and decide to sell you air shares because the amount you're asking for is within their comfort zone.

Isn't it nice to know we know next to nothing while they get to see everything. Kind of makes you wonder why they even exist. I know they provide liquidity, but isn't this supposed to be a free market? Shouldn't price movement be based on supply/demand. HA!

No, they were likely overwhelmed by orders coming through a different MM or ECN. The vast majority of trades funnel through the same avenues. I would bet that our "axe" MMs control nearly all of the retail volume. The MMs use slow periods like now to regain control. They can and will hold up orders in an effort to stifle a rise.

Do you really believe it is a lack of trades? Or is it their unwillingness to do so? You need to remember, they control the order flow. The only thing we have control over is buying and holding. Eventually they'll run out of options. You can measure their pain by how much they're fighting. They're neck deep in quicksand right now and all this flailing is just making them sink faster... I LOVE IT!!!

I don't know if I've ever personally witnessed a set of MMs in this deep. I imagine they're feeling like they woke up one day and gravity no longer worked. Try as they might, nothing they do gets their feet back firmly on the ground. It must be a terrible feeling to have something that is as natural and predictable as the sun rising suddenly flat out not work. I actually feel a little bad for them. Wait a minute! What am I talking about?!This is just karma's way of telling them to stopping being the dirty thieving sons of a dingo that they are. ;)

This is curious... SEAB is yet another boutique MM.

I didn't get to see watch L2 today, but from the sounds of it, he was fairly aggressive on the buy side. So is this another opportunist looking to take advantage of a potential squeeze? Or is this one of the MMs with a short position trying to stealthly cover? curious... very curious.

I was going to commit 25% my profits into this. I think that number just went up to 50% with the BS they pulled today.

Look at them trying to walk it down into the close. They are gonna get so burned over this crap.