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I'd venture to guess that DD is not involved in the mass attacks we have seen, either.
Okay, how many shares were dumped today? I was watching the CDIV board and noticing a whole lot of people saying they were buying. And what was the volume? 4.4 million? Does that sound like the whole float of 65 million shares trading itself away? Nope. People are smart enough to know most of you have an agenda. The others just latch onto what they perceive as the winning side. Perhaps one or two don't fit these categories, but to their credit, they don't box themselves into outright lies like this one. They ask questions. Whether they are honestly listening to answers is another thing...
My question to the questioners is just this: Do you think all assertions of naked short positions are "moronic" and "extreme?" Because I know they exist... congress admits they exist. There was even someone who could show evidence that he had been sold 105% of the available shares of one company! And would there be those who have a vested interest in convincing others that they do NOT exist? Let me tell you this much, anyone who thinks there are no crooks on Wall Street who sell shares that are outright fraudulent certificates of ownership are drinking their own flavor of kool-aid, and perhaps they are asking questions of the wrong people.
First of all, in my opinion nothing was "going on." Monk is not a scammer, none of us are doing anything illegal, and EIGH is not a scamming pump and dump stock.
What happened here today was twofold. EIGH made a huge faux pas in regards to the way this was handled. I think it's obvious that the objective was to out the shorts in a meaningful way, but the way they chose counted heavily upon team loyalty to see through the mind games played by the other side. Some did, others didn't. Secondly, propaganda is a powerful tool, and it was used to great effect by the enemy. They programmed many, if not most, to believe that failure to deliver the dividend equaled a scam company. It didn't. It equaled a PR blunder. That's it. They should never have made a promise they couldn't keep.
Sadly, in the world of PR, bare facts are not sufficient. What a company says to the world and how it says it are very important things, especially if it has enemies that want to take it down. And the reality is that they succeeded in slamming the share price and scared a lot of people into selling out, allowing the shorts to cover huge amounts down at the bottom. That's not a good thing, but it's not game over, either.
I'm not pumping, and I don't know anything the rest of you don't; I'm just stating the facts as I perceive them to be. My accounts are bleeding red today and I have no cash to average down, so I'm pretty sick about it. But I know the distorted, negative perceptions those people planted in your heads were only that... perceptions. It's a shame Monk has not been allowed by law to be here to defend himself from this crap, but I know he's depending upon everyone to be bright enough to see BS for what it is. Don't let him down.
This is why I'm not selling. I wouldn't give them the satisfaction.
Yep. Ask is
.13
.14
.14
.287
at the moment. Wonder how quickly those teens will fall when people in e*** get their dividends?
Does this clip remind you of anything?
And we're back to the movies.
Storytime.
Fantasies.
Yep... more shares for a rainy day.
Guess they were getting tired of me.
Haha! Someone's reading this board! Got em.
Yeah... wonder why 75k shares on the bid is scaring them so much.
Yep, painted as sells... but with the spread at bare minimum, it just makes them look rather silly,
Last 2 @ .1399 weren't mine either btw.
Heh... that 25k @ .1399 that was filled at the bid WASN'T mine.
Silly wabbits...
Yep...and bid support moved to .1399 too. Chased NITE away for now
Glad I have a backup for L2... IHub's is useless at the moment.
I could probably dump it now that TDA has L2 for pinks. Showing up correctly there.
Moved bid support to .1349. Not showing on Ihub.
Me too. So far.
The .129s are gone... and my bid support went to .1299.
I got that 20k block. No nibbles on the bid support yet.
Guess it's just IHub being slow then... finally appeared. Usually it's instantaneous.
Interesting.
I just put in a huge block of bid support at .1289 to see what would happen. Anyone see it appearing on Level 2?
NOPE!
I think that, secretly, the holders of these naked shorts are really desperately short, and getting more so with every passing day. What I mean is, despite a few investors who have been scared away down here and the few who took profit at higher prices, there remains a core of longs who have been long for so long, that the ious they have been given are getting pretty stale, and harder to hide. The MMs really don't want to sell any more.
You bought 60,000 @ $13.5 average pps?
Heck, I woulda sold you 60,000 @ $13.00 pps even!
Skunk, if only you realized what you were doing...
This is war. The enemy has assets at work creating fear and doubt, and they are working overtime, nights and weekends to drive these share prices down by disheartening folks and getting them to sell. They are not doing nearly as good a job at spreading despair, though, as team members who openly show their frustration to the world.
What would the general attitude here be, if every MM who was short came onto IHub and told us all "omg omg I'm in real trouble?" We would know our strategy was effective and be given more hope for an outcome that would favor us. You're doing exactly that in the other direction. You're giving the bad guys hope that they will win, and enabling their victory by sowing doubt in other team members.
Don't you understand this is all a mind game? It's propaganda. What the naked shorts are REALLY saying with their barrage of bashing is "OMG OMG I'M IN REAL TROUBLE!" It means we've DONE a good job, and they are using fear and doubt to get the shares they desperately need. Please refrain from assisting them in their mission. If all their squawking were met with silence, they would not know what to think.
Get out your Sun Tzu and do some re-reading.
Seems like he's mostly talking to himself over there. Reminded me of this...
I don't know what you're talking about. Everyone knows there's nothing quite as tasty as a hot fresh and juicy fish taco! Some people even like them on a bed of angel hair pasta, but I could do just as well without.
I bought physical coins which were sent registered mail.
Interesting... as are the comments all calling him an idiot lol.
I just sold off my bullion, so maybe that was the best move. Gonna wait for it to crater again before I buy any back. I have noticed Blanchard really wants to sell me more... I get calls all the time, and they have ads everywhere now, it seems. Common wisdom is when your barber starts talking about it, it's time to sell.
Really? got a link on that one?
Nice due diligence post here, NewbieViewbie. This is much more believable than the opposite group's opinions, which are heavily laced with accusations, epithets and ad-hominems, but devoid of any proof. EIGH looks like a solid investment to me.
Hard to say. I feel this company is quite undervalued at this price level, so many will not want to part with their shares if a buy-in creates great demand all of a sudden. It might cause a run-up.
Thanks, kando. I like watching those when I have a buy in there somewhere.
I don't understand why this is an issue. What perplexes me is why there seem to be so many voices accusing this company, its CEO, and other associated with it of being liars and scam artists without the slightest shred of proof.
I think anyone who is long in EIGH or any other stock has a very transparent interest in having that company and its stock succeed. What is NOT transparent is the reasoning of those who would prefer that it fail.
That's one interpretation, but there is another possibility who the Black Knight represents.
Quite happy being an EIGH shareholder at the moment.
If you just move the decimal two places to the right, their prev. close is today's price on EIGH, and the next day's high would be $7.70.
Your results may vary, but... wow.
I'm signed up for Boston, too.
Last two trades were mine. Picked up another 38,000 shares for a nice even 100,000. Ready for the candle to be lit.
I'm long on this one and think it has huge potential to the upside, but it's easy to get carried away when you see that there is probably $100 worth of mineral x for every share issued. There are further studies and then cost of extraction must always be considered, so don't read in that this stock should be trading at $100 per share. Multiple dollars? Sure.
Sounds like those mass forced weddings Rev. Moon arranged for his peons.