Doing it My Way
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Carp1, when Monk's Den was bought, any employee or potential employee of Monk's Den/EIGH became a potential insider. I think in the interest of avoiding any potential issues, Monk and Jason chose to stop posting here to limit their potential liability. Both have been at several classes after they stopped posting here. They did not disappear or go into hiding.
I was surprised to see the divi payment show up in my Etrade account. It basically amounted to .005/share. I was kind of confused when I saw it. It's starting to make a lot more sense now.
And for those still sighting the published short numbers... I find it amazing that my entire amount of EIGH shares somehow fell into that tiny little short position. I must be the luckiest guy in the world as I'm guessing I was the only one in existance that received a divi payment. I should play the lotto... I'm on a role </sarcasm>
Gail, I'm not sure what his role is with his new company. If he's now an insider, he has significant restrictions on what and where he posts. But I don't know anything in the regard so... <shrug>
Yeah, this has been a bad day. I'm gonna let the dust settle a bit and see if I can get a grasp on what's what.
It's just hard to find the words right now. I know I'm down a lot on this (down but not out). But I met people that had a lot more riding on this than me. Good people. And I don't even know what to say to them.
I'm not selling. I have nothing to gain from it. I've seen many buying today and the volume is not coming close to touching the potential amount short. If I'm wrong, so be it. My choice... my consequence... my life.
Well, I'm a passionate person that always speaks my mind. I get my fair share of haters. It's not going to change me.
So I guess we've met then huh?
And that's really the problem. Who wants to believe either. I just have a hard time believing that Monk would spend all the time and effort he did building up his reputation just to pull off something that would put him in prison. I still think this was just a monumental F up.
My understanding is that they had much larger positions than most. I imagine the dollars lost must be staggering. I'm not happy right now, but if I watched hundreds of thousands disappear in a flash, I'd be sick to my stomach. When things subside, I think they'll be back.
If you think so... than so be it. I'm not sure what I've done to offend you... but so be it.
Indeed... Luckily for him laws exist to protect this kind of "freedom". But the way he wields it is just an insult. Too bad western justice doesn't exist anymore.
This is so strange... Your moment of triumph and you're just twisting in the wind...
I agree this is a colossal F Up. I was not really happy about the acquisition. I though it introduced a lot of risk. For a moment I was thinking "These crazy bastards just might pull this off"... It's a shame. Live and learn I suppose. Gonna be a shitty Christmas for a lot of people. That sucks.
I'm waiting for emotions to subside before deciding what to do. I don't believe all is lost. But I'm not ready to make that judgment. Holding strong.
So you're out of everything? Seems to be no reason to stick around then. Guess we'll be seeing ya.
I like to stand on watch and always keep my enemies in sight. A lot can be gained from watching their habits if not what they actually say. Don't worry about me. I believe in Karma. I've seen it too many times not to. I hope he enjoys his moment feasting on others pain. In this life or the next it will be returned... and then some.
You're a *special* kind of guy...
Unfortunately, everyone is too busy screaming to even stop for a second. EIGH got killed on heavy volume. With the news, that was a given. There were a lot of momo traders and swing traders playing for the divi. Since it's not happening... They're out...
But the others are down on heavier than normal, yet not overwhelmingly heavy volume. Sure looks like pure sympathy move. Those panicking over EIGH and bailing on everything. I'm frustrated as hell, but not ready to bail on the others. I think this was big screw-up... not a scam. Someone didn't do their homework ahead of time.
And some of them were obviously wolves in sheeps clothing. But I'm still here. Not happy. But not leaving.
Sure you do bud... That's why you're here rubbing everyone's noses in it. Karma my man... remember that term.
It's not a scam... It was a failed attempt to force the shorts into covering. Thanks to the panic, I'm not quite sure how viable an FLD this is anymore. It would be interesting to get some feedback ...
Sure thing darlin'... ;)
If they are to investigate, I don't believe it's going to be Jerry or Monk's Den they're investigating. To welcome them would risk exposing a much bigger and actually illegal thing that is going on (wink). But of course, you already know that.
Let's face it... They were attempting to garner some selling on the run up to the .30s and subsequent slide. It simply hasn't happened. Many were predicting a bullshake, and I think that's exactly what they gave us. Now the goal is to make it look like the sky is falling. If that fails to draw out sellers, they'll run it back up to the 0.30s and hope that a bunch of longs are so skiddish they're happy to get a second chance to bail at that level. Sorry boys (and possibly girls), it's not going to happen. We understand how the game is played and neither you or your hired guns are going to scare these shares out of our hands. But we're willing to negotiate. Just let us know when you're actually ready play ball.
A ton is the number short. Not the sell volume today. It was less than a drop in the bucket.
Sounds great to me... I'm happy to have them bail here and not sell to soon and kill the run. A good number of these shares went into strong hands today. I'm sure the MMs/hedgies got some, but not nearly enough. They're not going to scare us out. After today, they should finally realize that.
Yeah... No manipulation to see here. Just good old free market dynamics at work... mm hmm... that's all it is. But if they want to keep offering it, I may by a crapload more. Still debating where to put the money...
Not sure, but I was filled at .144 at the ASK at one lump of 10K. If they printed that as a sell at 0.15... lol...
Actually, I got filled at .144. I put by offer in at 0.15.
They were nice enough to give me 10K... Maybe I'll reward them by buying more. If they want help digging their grave, I'm more than happy to help out.
There you go... cleared the 0.14s for ya... who's up to bat next? You're not gonna make me buy more are ya?
Are they filling slowly today? I'm not getting any shares right now.
This is absolutely true. People like to use this board like a support group where they can vent their feelings about their CDIV holdings. While I think it's important for everyone to find support when things get tough, I think it's foolish to do it in a place where the enemy has full sight of their meltdown.
An enemy is only emboldened when they think their tactics are working. Ultimately they will fail, because there are more of us that are holding strong than bailing by a large margin. In fact, many of us are adding to our positions. They use manipulation and scare tactics to try to force us out. But in the end, they have no control over making us sell. That is the ONLY advantage we have... but it is a HUGE one.
I'm going to go out on a limb and say that you said something that was not allowed. I'm willing to bet I've had more posts deleted from this board than you. If you stay within the rules and talk about CDIV without using profanity, personal attacks, or certain topics/words, your posts don't get deleted. Now that I've learned what to watch out for, my posts don't get deleted anymore.
But as far as choosing to sell CDIV. That is certainly an option for you. If you sell and turn out to be right... don't gloat. If you sell and turn out to be wrong... don't blame. Just accept your choices and live with them. I chose to buy CDIV and I'm sticking with it. If this BS continues, I'll be buying even more.
To me, that is one of the absolute keys. The price is eroding very quickly, but there is hardly any volume. People still continue to be filled at the BID even when putting in an order above the ASK. The detractors showed up in droves in conjunction with the price drop. Why is that? Are they really looking out for eveyone's best interest? And why would they wait until now. The answer to me is simple. They showed up because they were "asked" to.
Does this suck? Absolutely! But not as much as a system that allows constant manipulation with absolutely no recourse. What is happening here is the only way we can win. The enemy has no remorse. They truly and honestly believe it is more important for their children to have a ferrari than for your children to eat. This enemy does not play fair. They do not play by the rules. They have WMDs and are not afraid to use them.
Letting emotions get the best of you I see...
Do promoters use message boards to spread false and/or misleading rumors? Absolutely. There are pump and dump schemes everyday. But pump and dumps tend to last a few weeks. Perhaps a few months. This is NOT what is happening here. I'm getting a little irritated seeing the same type of weak mindedness that showed up just before the run from 0.10 to 0.30. But I guess some lessons are learned the hard way. Anyone who feels the need to get out, go ahead and do so. But let me ask you something. Don't you find the low volume erosion of stock price and massive increase of detracting posts from those that previously had no interest in being here kind of... I don't know... highly suspect?
You keep using that word... I do not think it means what you think it means...
On another note, Looks like the games continue.
Well... I think the fact that so many people are willing to come on here and tell all of us exactly how bad the charts are IS a good thing. If things are as bad as we are being led to believe, there'd really be no reason to tell us this would there?
I think CDIV is doing just fine. Has the price eroded? Yup... sure has. Has the volume been overwhelming? Nope... Not even close. That tells me that the down move we've been seeing is not a collapse. It is just more low volume manipulation that we've been seeing for months on end. It's just another opportunity to pick up cheap shares.
While I agree, I think you have to look at it in another way too.
You can tell someone what it's like to fight in a war, but until they experience it first hand, they can't really understand what it's like. It seems learning how to survive these types of battles requires you to get into them in the first place. We've seen a couple crack under the pressure. But judging by the volume, nearly all are still standing shoulder to shoulder. Those that retreated will not join in the next battle or will have learned what to expect. Either way the battle hardened longs grow stronger every day.
Yeah, I think both parties' attention is focused on E right now. And Fridays never seem to provide much excitement on these. Things will probably get a bit more exciting after the dividend.
Well, when your first and only post on a message board is a cynical joke that was kind of off base, you have to expect there will be those that think you're yet another person showing up just to stir up trouble. If that is not the case, I apologize. If that is the case... well...