Bottom Seeker
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You are looking at hundreds of people that bought eigh.. that is not orchestrated group.
well then everyone is going to be investigated because a person was influenced by someone else to buy stocks of a company right? Seems all the pinks out there, there's someone that is being influenced by someone else buy it. Every one is going to jail then. How do we know that you didn't buy. gees..
This stock is on the market for trade and if it's tradable it's my money to risk. If it's a scam and on the market trading, it's still tradable. What happens if i just did a google search for pink stocks and ran across this one and i decided i would like to buy shares with out hitting these boards? That is not againest the law. Let people make up their own decisions without that kind of influence.
I's sure the company realizes that there is big trouble coming, plan 1 failed. Plan 2 could be in effect to keep the heat off ... I'm sure they don't want any legal problems.. no one wants to go to jail. There is no way in the world that they think they can get away with it, that's for sure..
I like you ACE.. lol. You whacked the hammer on the nail. Supply and demand. There must be supply to keep the market ticking, if there's no supply why not sell counterfeits to keep the market moving?.. seems like the float has been maxed and easily over.
it is the truth wouldn't you say... pinks!!!
Rules and laws are made up to correct an existing problem. At one time in the early 1900's it was legal to smoke opium, take coke and in the sixties take acid... these were existing problems so laws were made to help correct that.. No difference here.. there was and still is a problem.
If there wasn't a problem in the first place why was there Rule 3210 to help regulate the problem?
Who knows?... But if the TA is really ungagged and the share structure is accurate here, judging by the amount of shares owned seemed to be a heluva a lot more then the float. Which means anything is possible.
http://en.wikipedia.org/wiki/Naked_short_selling
Bull.. I am not sold on a conspiretory theory and I never stated that all MM's and I'll restate "there is a little MM manipulation going on here" Read on.. Naked short sales is real and it is illegally practiced right now, not saying all MM's. The fact is, is that Naked shorting is widespread and that the SEC regulations are poorly enforced.
And let's not forget the new Rule 4320. Short Sale Delivery Requirements that became effective on oct 15th to insure this.
Explain why a stock will downtick from such little volume up to yesterday.. What's that called?
I never said that there weren't profits taken, I stated the amounts of long period buys verses short term sells don't add up/ It's still MM manipulation feeding off of fear.. Don't you agree they too have to make a living and they do know all the tricks.. My gosh look at the DT's over the past few days for the little volume produced except for yesterday which was a pure panic sell and the MM's loved it.. They always love it, it's their greedy fricken job to know how to play the fear... MM 101
The amount of shares accumulated for over a year compaired to the amount sells for the last few days do not add up. Regardless of the events that have happened the pps should not be where it's at... there is a little MM manipulation for a cover going on here. It looks like the MM's are winning which is something I don't like. Selling now is just giving them the upper hand which they have gotten away with for years for the gold shoelaces they own. It's time to put a stop to this. They are banking big bucks off of fear.
Most likely it's a credit showing up as some Brokerages will credit first then collect from either the company or DTCC... If it is DTCC that is transfering the money first, then the company must first transfer money to DTCC. Scottrade does not credit first!
I agree, though I have been in and out with this one even when the ticker was KDSC almost a couple of years back....rode it up to a pennie back then.
How in the heck was that pumping? Sounds more like legally resolving an issue....
Every since the .02's there has been nothing but trader/flippers taking advantage of the dead cat bounces and basically killed this thing...That's why the PPS looks disappointing right now. Needs heavy buying pressure with very little selling for this thing to run good again.
Yep and it's only ridiculous because of the pure MM manipulation. This stock has down ticked on very little sell vol.. It doesn't pay to sell, it DT's to quick. Shorts will pay very soon.
Thanks Tech.....
By all means that is the plan for me too, this unexpected divi means more volume.....
Actually my first buy was in February and I knew it was all about patience here. I never expected the dividend news, so at that time I could of cared less. I did not buy with expectations of a dividend. You are 100% right about the scrutiny.
I called my broker's main office last night and they too see a payment of .005 dividend payment,BUT there is something else in their system that shows inconclusive and they are looking into it right now. He said it might be because the price is subject to change. That's all the info he could me at that time
Your indicators are very correct.
Tuesday, Oct 5th, 2010
Long Term Indicators Average: 100% Buy
60 Day Commodity Channel Index
http://www.barchart.com/chart.php?sym=EIGH&style=classic&submitted=1&ov1=028&ov1a=60&ov1b=60&ov1c=0
100 Day Moving Average vs Price
http://www.barchart.com/chart.php?sym=EIGH&style=classic&submitted=1&ov1=021&ov1a=100&ov1b=0&ov1c=0
50 - 100 Day MACD Oscillator
http://www.barchart.com/chart.php?sym=EIGH&style=classic&submitted=1&ov1=051&ov1a=50&ov1b=100&ov1c=1
I'm talking about air shares sold. Float amount plus 65%
Float plus 65% of that float will force a cover, pretty sure it's close
What I find funny is that some traders are thinking about going short with EIGH and are banking on a decline of the PPS here so they can short the crap out of this stock... I would just say they better be careful and not third party borrow securities from their broker(s) or they will get burned here
Excellent choice and I know that scott elite charts are not the best but look at the bull pennant, bollies tightening up, RSI not even close to overbought, MACD starting to shift to the plus, AD is beautiful and ADX strongly showing a trend coming up and with those indicators alone shows a an uptrend.
http://www.barchart.com/opinions/stocks/EIGH
EIGH looking wonderful....
Newbies Take Note!
It is not illegal to "buy" or "sell" any stock on the market. If it was illegal to "buy" or "sell" it would not be on the market in the first place. EIGH is on the market so it is not illegal to "buy" or to "sell". It's my money and I understand all of the risk factors that come with all pinks.
Low volume consolidating bull pennant structuring for the next leg up...very nice
Popularity is the keyword, especially with the core shareholders including myself. Posts have been made about not to sell until after the Divi cash payment date. Core holders have agreed to hold with all the FLD's called. Anyone considering to sell after the Divi cash payment date will only result in a severe DT of the PPS with EIGH...I myself would like to see UT's after that date. Nice Vid TI!
My broker verified that it will be $0.005 per share but can subjected to change... Why the PR's are stating $0.10 makes no sense.. the PR is not stating per share, it simply says:
"The company is issuing minimum cash dividend payments of $0.10,
October 2010, to all fully paid-up shareholders of record on 30th September 2010.
Key words "per share" is missing from the PR.
And excatly which ETLS chart and sells do you see this?
Sir it really boils down to your average with this, and from what you're post you have 1 mil shares and I doubt you have $440,000 in cash invested in EIGH.. So go back and look at your average and i'm pretty sure that you are in the plus range and be grateful for that... I know I am.
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35m float... I definitely know the concept of a FLD and participating in a couple of more myself... This one is nice and will be nicer
Still holding for that repetitive history....
Call your broker and your CPA concerning this.. I'm calling both tomorrow.
Almost up 200% in 1 hour and only 7 mil shares traded, i would say they were short alright