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when is the PR coming for the dividend/share count? any ideas?
EIGH is about to get exciting!
.60s coming!! i believe that the stock is held back by the Upper BB. It needs to get a move on!
Next move should take us into the .60s IMO
Another 3 day move ending Friday...
more precisely...target is $0.56
yep...your shares need to be settled so Monday/Tuesday is the last day to purchase depending on your brokerage.
most likely no. volume needs to hit 500k+ for any type of breakout.
that means there's a seller? or what are you implying?
every time there is a red close doesn't mean its a reversal..look at the last time...this stock has a history for running 3 days and then seeing a red day and then running 3 days...etc..
stocks can't keep running forever ..they get red days...with pinkies..those red candles are usually the engulfing ones.
besides this is not a chart play.
what happened in first hour? i see that it dropped back to top bollie. lets hold this here strengthen it up and finish it in the green or a little red... how did the MM's take this down ?
Should be exciting tomorrow! $0.50 falls hopefully...10 posts left...anyone wanna send me a gift? my every penny is in E and this college student is brokeeee
EIGH Rainbows. Skittle Colors?
PPS VALUE IMO - kind sir...this company just launched...revenues are growing exponentially... from 2 million in a quarter to 10 million expected this quarter and 17 million expected next year..
short-term price target for this stock is $0.70-$0.75 simple multiplication...this was trading at book value of $0.14xx with 2 million, they called $5 million expected and I set a price target of $0.25 ..which it hit..and now they have called $10 million..so I have set price target of $0.70..should trade into the .60s and .70s
thats $1.20 EPS with P/E of 10 which is quite low..should be higher (based on 17 million) because share price is forecast for pinkies
share price reflects value of company and not just only profit...
have a nice day.
ALL IMO - I have a good feeling that $0.35 is the threshold in order to receive our cash dividend.
This is why:
- Outstanding Shares x Dividend = Approx. $15 Million
- $15 million is 30% of $50 million which I think refers to the market cap.
- $50 million divided by Outstanding Shares = ~$0.35
this is what i think the unique financing model is ... certain market cap (which is related directly to pps) gives the company access to more financing to pay out the dividend and also increases shareholder equity.
also this means that people with buy-in averages $0.10 or below are being paid a dividend that is higher than their investment into the company..so basically we will all have free shares and in some cases...have more money than we invested in the first place...means every penny from EIGH then is pure profit...
these are all in my humble opinion...
sorry sir... i meant cover not guaranteed in next 2 weeks.. i see how that could have been taken...whoops..
But don't you think the companies in financial trouble could have just gotten some financing to pay a dividend somehow even if it was $0.01 a share to get these people off their back?
I just don't think it's that easy.
I wish the same here. I am long on all of the FLD plays and a strong hand. But even when you talk to Ex-Blockman, BillyJack, and VZ3 - they are telling people to be careful with getting too high of expectations. I think one of them even said that a cover is not going to happen in the next couple of weeks. I would love to hear their thoughts once again.
The cover is not guaranteed and individuals are setting themselves up for disappointment if they believe that it is.
in an ideal world...that's all fine and practical...
these same MM's have driven major blue chip companies into the ground by naked shorting them into oblivion...if it was as easy as issuing a cash dividend to get them to cover...a lot of companies would be using this avenue as the FLD plays are not the only ones who are being naked shorted heavily.
i edited my post..go back and reread that... AND
i had the opportunity to sell C and bulldoze 2x as many shares at .05 - i didn't do that because i thought that would be undermining the team's effort...but my account would be more than double up right now...
it would be a lot cheaper for them to pay it themselves. do the math.
where it gets tricky though is when there are multiple dividends like stated in the PR...that's when the fun starts, because in the long term...they're screwed.
all im saying is...dont get ur expectations to the point that there is going to be a cover and squeeze in the next couple weeks.
i don't think the dividend is going to cause a cover. that would be too easy.
back down to .39 ... hope no one cries wolf...
still down 62.2% here...no worries though
.41's being hit...light 'em up boys...
BUY AND HOLD! Don't be dumb enough to sell anyone
yup...exactly true...
this is going to get wild...show me the MONEY!!! $$$$
.36 is next target...u see all the MM's back off to that ?
Two things:
1. As per greedy's post, what is the real vaule that the company is looking for?
2. Does the L2 action warm up for a squeeze? is that what the excitement is about?
whats this got to do with anything ?
wouldn't it be cheaper for the MMs to pay the dividend rather than run the stock into the dollars trying to cover their share position.
also, do all positions need be covered for a dividend?
i don't think so ... and thus im not so sure if a cover is going to happen.
wouldn't it be cheaper for the MMs to pay the dividend rather than run the stock into the dollars trying to cover their share position.
also, do all positions need be covered for a dividend?
i don't think so ... and thus im not so sure if a cover is going to happen.
so you're pretty confident that the short position will be covered in the next few weeks...
this might be a little bit skeptic...I don't think it's going to be that easy to cause a short squeeze. watch nothing happen.
that would be disappointing...to say the least.
those shares aren't held by shareholders so where is the money going to go? back to the company ?
the float is 77.xx some million shares free trading..rest are restricted.
my number is $25 million...
yeah well...that's great considering I've been a holder here since March and those are very valid questions.
i just don't see how they are going to be able to pay out the $0.10 per share dividend... 30% of retained profit...so they need $7.5 million to be 30% of their retained profit...which means retained profit is $25 million...which is not possible at all...
alright then they might give the shares...now is that dilution ?
someone let me know..
i don't understand the dividend payment plan. on a 77,xxx,xxx float 30% of their retained profit is not nearly enough to pay $0.10 a share...unless I'm getting my calculations wrong and I'm not really understanding the share swap.
also, how is this going to cause a short squeeze? is there going to be an audit of the shares? i've known companies on NYSE who have declared dividends and their huge short positions were never covered...just wondering that aloud from someone who knows more than me.
thanks
it says that there hasn't been a trade for 10 minutes...deadly quiet..
there are people through whose brokerages EIGH is not allowed..
I think TD Ameritrade is one of them..