Everything I say is my own opinion. Don't listen to me.
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Before the series of runs this summer RELM was dormant since winter. I am thinking we are just in another no activity "cycle". Granted, these are lowers lows than 5-6 months ago, but, I think a run will come again.
lol, how is everyone doing? I saw volume and figured I would stop by and say hello.
Still got a mill of TFZI I cant get rid of ;p
Eventually people will realize that the longs who have been in EIGH since it was first called (not me) are usually right when it comes to these things. They may be off on details like dates, but they are usually pretty close when it comes to the important details. Lots of new faces to this board in the last month, but, if you sort through the nonsense that some of them post, you will soon get a sense of who on the board REALLY knows what they are talking about.
ExB is a valuable source of info. Can't even begin to tell you how many times he has made a post only for it to come true in the following days/weeks.
I think this is the case for all Scottrade account holders. If you have Scottrade, you don't need to worry about the tax info because its required to open your account.
So all of my Scottrade people can relax and wait for the $ =)
Just wait 3-4 months and the pps will go back up and repeat last weeks cycle all over again. Easy money to be made once ya notice the pattern MDGC tends to follow.
Spoke to Scottrade
According to Scottrade, no tax information is needed in order to receive the dividend. Not sure about the reasoning behind this, but, that's what they just told me on the phone.
If this is old info, sorry
My order was shown immediately. Not sure how much holding back is going on.
I have never had to do anything for a Div. The company sends the $ to Scottrade, couple days later Scottrade then credits my account with the $. Not sure why people are trying to make it more complicated.
When it comes to MDGC, don't ever bank on a date. It does not matter if the date came directly from the company or someone on this board, don't trust it.
The company has historically had a blatant disregard for dates. Not saying don't buy more shares, only saying to ignore any and all anticipated time lines.
Well what do ya know! I leave this morning watching people lose the faith, some probably even sold and I come back to EIGH being in the green again.
When will people get used to this? You don't need to know how to understand charts to recognize a pattern.
The stock KEEPS averaging higher and higher, not just this week, but in general. If you see red,stop worrying about it!
This is exactly why I see EIGH as an investment and not a trade stock.
I think this post should just about answer any and all questions...
Incoming Dividend and an incoming covering of all short positions as of Oct 1. What else would anyone need to know?
Its Sept 21'st by the way, sometime in the next 9 days things will get very interesting for those of us who held our shares.
I am very curious what the pps will reach as we get closer to the "As of record" date. I think above .5 is very possible, I would even venture to say likely.
Had my shares since Jan or early Feb so they are all quite settled. Not planning to sell yet though. Still lots of upside potential left in EIGH.
gotcha. Thanks.
So someone could theoretically sell on the 1st of Oct and still get the Div? That seems strange to me, but, I will admit I have never been in a stock that pays a Div so I dunno how it works.
This may be taken the wrong way, but, does that mean someone could just sell on the 28th and still get the Div? Not trying to say that's what I intend to do, just wondering if I should expect a drop in pps.
Can anyone explain to me how the dividend will work exactly?
Mods should sticky this post
It is actually a relief for me to see you are still in RELM. I had not seen your posts for a couple weeks and thought you lost the faith!
There are no notes to share. No information waiting to be revealed by ANYONE on this board claiming to be "in the know". Stop feeding into these immature people's games.
Anyone remember when you were 8 years old and keeping secrets was fun? Sometimes you could even pretend to have a secret that didn't even exist. BUT, then you grew up. Or most of us did anyways.
The MM's will be buying and we will be selling. Since everyone has different exit strategies, the selling will vary at each level but the pps will continue to climb because the MM's have dug themselves in so deep and for so long.
What they are doing is not sustainable. It would be like if Bill Gates decided to give 1 billion dollars away every day. It would be wonderful for the people getting the money, but, it's not sustainable and one day it would stop. MM's are doing something similar, they are selling air, but, one day the shares will need to materialize. Unfortunately for them, the shares that actually exist will be owned by us. Therefor we set the price. If that just so happens to be 5$ per share, then so be it ;p
Just bought a new apartment in Orlando so I dont have 5 grand to throw at it at the moment lol. Give me a couple weeks and I can put my mazda 6 up, but, I think I deserve at least 10 minutes for that ;p
I was mostly referencing alwaysright's announcement about a month ago that the "seller" was gone. Then of course bullish came with the follow up "the seller is gone!"
I was just curious about how many times I can expect this seller to be gone.
That answers my question. Thanks.
Correct me if I am wrong, but, wouldn't this be the 2nd or 3rd time that this mystery "sell is gone"?
I distinctly recall at least one other occasion where it was anounced that the "seller" is gone. Why is it that when this stock runs it means that the "seller is gone" and when the pps falls its because the company is busy building their brand and/or too busy with JV's to give us news that would help support the share price?
This is not me bashing. Just wondering why this "seller" excuse just keeps coming back. Getting rather old.
lol, just because there has been no news does NOT by any stretch of the imagination mean news is due.
I have not seen a dragon fly over my house yet, but, that does not mean I should expect to see one any day now...
Thats what I was saying in my last post. Too many shares bought at .0022 for it to run. All the MM's are doing is selling you air shares on the way up to the .0033 range because they know people who bought in at .0022 will take profit there and bring it back down. The MM's are probably selling air then turning around 15 minutes later and covering.
Of course its your money and I am far from an expert, but, if I were buying, I would wait to see .0036 hold because that would tell me at least SOME of the flippers have exited.
Too many shares were bought in the .0022 range for this to run just yet. I doubt we see anything higher then .0035 before profit taking brings it back to .0026
With 50k you could take this to .1 all by yourself. MM's could never hide that big of a hit
sorry about that, was .047
To hell with the ask, I would pay a grand just to have 5 min with SH so I can teach him what happens when you screw with my money.
Lol, I did not mean to imply that I am worried. I don't even read this board anymore because I don't care about the pps in the short term.
As far as the float, if its locked, excellent. I just KNOW that some sold to buy into the other FLD, but, if the float is still locked despite that, then its great news.
I am definitely not worried, at allll. Lol and besides, I bought in at .0047 so I am still green ;p
woh woh woh! I actually see a number in the volume column of my scottrade next to TFZI!
Someone has some explaining to do! I don't like surprises! Now, just buy another 1.3 bill and I will forgive you. Either you do it, or we are no longer best friends.
I agree. Back when I first bought in, back in January, Monk would make posts on the board daily and I think it really helped morale. Not to say he is at fault for not being able to post here regularly, I know the man is busy, but, when he does start to show EIGH some more love, I know it will get some people pumped up and they will start buying.
The ONLY thing I would like to see is an updated share count. I know ExB did one, but I dont know how current it is. Even if the float is not locked, if we are close it would be encouraging. I PERSONALLY, and I have NO PROOF to back this up, feel that the float may have been locked at some point, but, I think a few people might have lost the faith and sold. Probably to buy the other FLD.
Thats exactly why im not real worried about the day to day pps movement for RELM. News and financials will take this higher.
People need to really ask themselves "why in the hell would RELM pay to have financials audited unless they were good?"
Why would RELM pay for audited financials when they are not even required for pinks?
This stuff is real basic and should be common sense. It would be like if you got hired for a new job that didn't require drug testing. Why in the hell would you request a drug test unless you knew you would pass?
Don't worry, there is no water.
I am not sure the 6's will clear. MM's keep selling air down at these levels and they don't seem to be ready to stop. Nobody is making money by slling down here, the only possible explanation is that its MM's trying to create a panic.
News and/or the anticipation of news will move this. If the audited financials are good, we could see something really amazing happen.
Not sure if I am just having a bad monday and not understanding you, but, did you just NOT answer his question?
We want to know why Thursday...
I would rather believe people are not dumb enough to sell at .0006 when this stock hits .001 literally every week. You would actually have to be a moron.
I would imagine 65% short, at least. I can't wait for news to hit, I want to be the first person to laugh at the people flipping this at these levels.