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Next week will be interesting. Stay tuned.
Very encouraging to see so many take an interest in EIGH. Obvious what's happening. Will be back on the Pinks in a few days, then the fun really begins.
Lorel, it will do this easily and then beyond. The squeeze will happen, so we can see 5-10X (or more!) that level.
You wouldn't suppose I bought some more 'air' because the MMs still think they're untouchable?
I got a few hundred thousand at .012 the other day. Wonder where they came from?
Let's see what happens over the next few months. It's likely this will change.
It's quite likely with the light shining on this issue that those who have been illegally NSSing will be revealed very shortly. Time is on our side.
Excellent point LoneGrey. If the MMs had not aggressively shorted and then walked the price down enabling even more shares to be snapped up, they (and we) wouldn't be here. They are willing accomplices, but were far too overconfident in their ability to manipulate this team. We hold the float, there are millions in NSS and they will be called to cover at our price points.
Of course, it just may be that the core CDIV longs have not and will not sell at these levels, so there is a growing sense of panic as the MMs continue to try and manipulate the PPS to levels they desparately hope they will panic people into selling. Won't happen. This is a solid FLD. Thanks for all your kind concern.
Please be assured that there are quite a number of us who support CDIV and expect good things to come out of our holdings.
Everyone has an opinion on FLDs with one side declaring NSS don't exist, the other saying the evidence is clear they do. I'm in this for the possibility of the squeeze, so I choose to take the side that there are millions in NSS. It's my opinion the concept is credible IF there is a commitment by investors to hold until the cover begins. I invested money I can afford to lose, with all of my other investments in nice, boring mutual funds that I've had for many years. What cracks me up are the "expert" voices that tell everyone what they should or should not have done. If I were a really successful trader, I doubt I'd be hanging around insulting small investors (well, this will get the post deleted fast), so I just look at all this as entertainment. Go CDIV.
This is going much higher than your basis. You (and all the longs) will be very happy.
My interpretation of these responses is the NSS situation is extremely high. Will be interesting to see what happens.
Yes, quite a bit of buying.
Don't even need to be very technical to understand that. Nice post.
Alan, this is a nice, rational explanation of the situation. While it may be a battle of wills, my take is the proverbial horse is out of the barn on the short sales on EIGH and a cover is all but inevitable. I'm assuming it will happen and they will continue to make money on the way up, but so will we.
Like the MMs can't manipulate the price?
Oh, please. That number means nothing. You clearly would be spending your time on another site if there was not a HUGE short position on EIGH.
Just have patience. We do.
Sorry, but you are very mistaken. And you know it.
Don't need to do it that way. But you know that.
Back at you. No, there are about 200 million short.
Keep thinking that, Keezek. We know how much is short. There is a very valid accounting.
I believe you know there are 200M short. Saying otherwise is just whistling in the dark.
Actually, there has been a fairly accurate accounting of the 200 MM NSS based on conservative assumptions. You are entitled to your opinion, but you assumptions are not based on any facts whatsoever.
It has been difficult to post even polite rebuttals to certain posts, so I'll use your post to just say that I am much happier being long than short on this stock. Whatever the exact number of NSS, it is crystal clear there are many, many millions. I'm comfortable with the 200 million number. That means those of us long will be very happy when the covering begins, as it legally must. By the way Wicks, thanks for your levelheaded guidance.
Let me try and respond to your issues:
First you stated:
"So you find it necessary to speak with Jerry to get his investment advice before you make any investments? What licenses does he hold?"
Well, I did not ask for investment advise. And if I did, I was not aware anyone who does recommend a stock needs to have a license. For example, I would recommend you hold some energy stocks. Do I need to have a license to say that?
Second, you said:
"If he has never lied to you or your relatives, I take it he never tried to claim he had a PHD to you or those same relatives?"
Frankly, the topic never came up. It would not matter to me one way for the other.
And last:
"As far as the "good advice" is concerned, try telling that to the people who have lost their life's savings in the CDIV, EIGH, GRNO, SUGO and PNTV float lock down scams. Worse yet, some people have not only lost their savings, but have lost the money they got from taking out second mortgages on their homes, and the bills they ran up on their credit cards due to his investment "advice". Those phony float lock down scams have lost up to 90% or more of their values over the past 60 days."
I don't know of anyone that lost any of what you claim. Do you know that for a fact? As for loss of value over the past 60 days, you've got that partly right. It appears there has been a rigorous effort to reduce the prices of these stocks, but we (who hold long) knew this was part of the strategy and we are prepared to wait it out. I am patient and I can afford it, as I am confident of nearly all of the others who have continued to hold through this process.
Well, I guess it waits to be seen. I am patient. As for Jerry Williams, I have not had the pleasure to meet him. However, I have a very close, very dear relative who has attended a seminar, has spoken many times with Jerry over the past year and has many friends who know Jerry quite well. I also spoke with him before I made any investments and I can say, categorically, he has never lied to me, to my relative, nor have any of the many others he's worked with ever heard anything from him but honesty and good advice. It might be helpful for you to meet him before you make rash, uninformed judgments. Not just my opinion, but good life advice.
I agree they will win either way. I am happy to wait to see how this unfolds, as I just said. I made money through the stock collapse, so if I were to lose here (and I bought quite a lot at very cheap prices), I would not sweat it. But I don't expect to lose.
There are no guarantees. But it's pretty clear that there are somewhere in the range of 200MM NSS and I'm content to wait to see how this all unfolds.
Interesting indeed. Especially as I hold a good chunk myself. I keep saying it's all supply and demand. I have a supply that the MMs will be trying to buy shortly. They are going to have a VERY difficult time covering, but for me they can start somewhere north of $1.000 (the extra zero is for our friend predicting triple 0's).
Very interesting and wide ranging interpretations.
The profit comes when the basics of supply and demand are realized. We (the longs) have the supply. The shorts are going to be deperate for our shares and they can have them - at our price. Let's just say that will be starting at least 20X current PPS. The fear is palpable and it's not the longs.
As for Monk, he has more integrity in his little finger than those who have been slamming him (to repeat, in desperation) for the past month or so.
I think you're wrong on one point. NSS probably closer to 200 million.
the covering of...
Nice post, Tigger. You also have to look at the stock value of 20MM shares at 0.05. Just $1,000,000. Now, why in the world would all this noise be generated over $1,000,000? The only conceivable explanation is there is a very large NSS position, reported to be as high at 200MM shares. The noise on the board is amusing, but also telling. Someone is very scared, but it's not the longs. I am holding and looking forward to the end game, coming very soon.
Ooh, ooh. Can I play this game? No, it isn't. Now you go again.
You don't have to be able to read charts to see one very clear fact. Through this desparate attempt by the MMs to shake confidence, NO ONE IS SELLING. When we do sell, it will be on our terms.
I've been buying and holding EIGH since early in the year and following the board discussions regularly. I've learned a lot and I also have a close relative who has attended at least one Monkinar and regularly communicates live with many on the board. By my own DD, I long ago came to the conclusion EIGH (and C and G) are very unique, but very sound investment strategies. The key is the strength and discipline of the teams and the leadership of Jerry. This has been a constant. I do find it very interesting to see so many new names on the board, and find it amazing how similar their "viewpoint" is. One would think they have their own team. In any event, I am in this for the long haul and can't wait for the vey positive end game that's about to be revealed.
Ya think?!