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Marked. Will buy in if this takes off again. Minimum 500,000 shares under $0.006 and upto 5,000,000 under a penny.
All depends whether the run into multiple pennies can be had once again....these runs happen about 2x a year...its getting to be about 6 months since last one...
GLTA
My last post for the day...
I have heard rumblings that EIGH used this dividend as a bluff to start the share audit and try to get the naked shorts to cover.
A bluff that the MM's called and thus fell flat on their face and used their shareholders as scapegoats...
So RAJA loaded...and when did RAJA come back and dump?
Must read (Read Fully before making any comment):
My EIGH Chart on September 3, 2010:
My EIGH Chart right now:
Fact of the matter is that the decline in the stock price was a few things combined together. 1) the dividend traders who were exiting after the record date. 2) other people simply taking profit. 3) increased retail short selling which happens at highs. 4) the fear invoked on the human brain by a consorted attack by bashers.
It looked like the stock had rebounded off 0.13 and was going to settle into the 0.16+ region after this downtrend even on the day before the PR cancelling the divy came out. But when it came out, emotions took over...the Ihub board turned into trash and simply...the bashers invoking the fear into everyone...WON! ...and there was selling based on emotion.
The strongest fact that this is not a scam is that the company did not DILUTE when given the CHANCE! .... and that is the biggest non-scam indicator in the pinksheets today.
Take a step back, take a deep breath and make a decision yourself. This company reached $0.225 without any PR about a dividend and it will get there again and beyond. BUT I agree that the company really messed this all up and the CEO should be held accountable and fired.
The share audit is 95% done. This company is going to be buying back and retiring shares to reduce the float. This upcoming week should tell a lot about what is going to happen. If there is a shareholder here that needs to talk about what happened in the past week and is concerned about their investment, get in touch with SideshowBob here on Ihub - he has been holding Conference Calls on Skype for the past couple of days and we have had over 100 people circulate through the Conference Call.
Have a good day everyone and God speed!
all in my humble opinion.
The information that I have...people are in for quite a surprise for the amount of shorts there are in EIGH. That figure even made my jaw drop...didn't expect something that large. we are talking way beyond what the PR said.
But I will update as I believe the people have a right to know some stuff that I may know....the company is approximately 95% finished the audit. The results should be out soon and I look forward to seeing them as well as anyone else.
first, read my prior edited post.
second, how is this a sign of a pump and dump have you seen the chart? i'll post you the chart with an explanation as to how this is not a pump and dump by any means.
why would this get a halt? the company didn't dilute. another reason that clearly shows this is not a scam.
this is not my opinion. this is fact.
someone huge has been buying shares thursday and friday. how do i know this? just watch level 2 and the fact that this stock would be trading below a penny if all the sells had just gone through without huge buying pressure by someone in the $0.04 region.
I think I have an idea who that someone is...people who have been calling a scam artist all this time...
The one and only ... Monk.
Monk has been advised by legal counsel not to post on Ihub as it could be considered an attempt
to manipulate price of the stock since Monks's Den is now a part of EIGH. He can post as much as he wants and has been doing so on his own website forums because those are considered "within the business". Have you noticed that Monk stopped posting anything on all of Ihub and just not the EIGH board?
momo traders exiting as the week ends. closing their positions.
we got as much information as anyone else. if i said there was a dividend coming so that means I am criminally pumping? LOL!
MUST READ: yeah apparently this was such a huge scam that this company is still trading at ~0.07-0.075 after apparently being scammed and a huge sell-off...in my books...these are just the pre-run levels...and most of the folks in the den bought at these levels and are still holding....so nothing has changed except the credibility of EIGH and its CEO....who should be fired.
Monk is not the CEO of EIGH. If it was Monk releasing the PR's then you could say Monk is responsible. Monk is not responsible for any of this. The reason the stock took off after the dividend was announced was due to the number of sharks and swing traders who jumped in. They didn't get a dividend and bought the stock at higher levels and then sold off .... started calling the stock a scam.
What kind of logic is that? People who have been holders of the stock for TWO WEEKS are calling the stock a scam...whereas people who have held the stock for 8 months to a year ... their opinions don't matter.
TO anyone questioning EIGH or thinking EIGH is a scam...all I have to say is...(as BlueBucks would say..)
"Welcome to the Major Leagues kid...The Show....stay down low for a bit and learn the game...you dont wanna get sent back down to the minors because you are too arrogant and cocky to learn and have an open mind. If you stick around....you'll make more money than you could have possibly dream of."
I hope so too. I have lost my faith in the company and its CEO. He should be fired as he is the main culprit.
From what I have heard... Monk was not happy with what happened at all. He was a bit pissed off as an understatement. Supposedly, the company is going to execute a full float buy back as step 1.
I'll pass it along but he has addressed what the plan with EIGH is now and what they are trying to do.
Monk has been in contact with people within the den via phone and text messaging and bbm. posting publicly on this message board is a conflict of interest and could get him into a bunch of trouble.
I need 2-3 100% plays/runs for that to happen and I dont think thats going to happen anytime soon.
It seems that I ran into the same thugs I was trying to escape and who the Den told me were evil. Shoulda Coulda sold around 0.35 in CDIV and EIGH and my portfolio would be up 13% instead of being down 85%
My portfolio is down 85% after believing in the Den for 8 months...thanks Monk and the Den.
For some reason, I feel that I would have been much better off trading on my own....Now I can't even do that since I have hardly any money left.
Thanks once more.
Back to even, sir...congrats!
I lost $12,000 in the last 2 weeks...
-$4000 today...its been rough
watched the stock all the way from .44 ... can't believe i ever backed up Monk...
JGP (Jason) is MIA too.
Monk is MIA. EIGH CEO is MIA.
so your exit should be .0035 - if you're lucky .. you will break even...
you're down about $3150 on $7875...down 40%
good luck to you
collective bear raid. nothing more. each one of them is oversold technically speaking but the volume doesnt validate a sell off.
Definitely oversold. The volume was huge today meaning there was a huge selloff or company diluted. I don't know the news regarding the stock but I wouldn't personally sell on a real low. you're now in too deep to sell cheap. Unless the company has serious problems with it, then I would hold it out and hope the PPS regains some.
What happened with Monk and Big Biz Show?
Wasn't he supposed to do it every week? Seems to have disappeared from the radar completely.
MONK ON BIG BIZ SHOW - WATCH
Trust me when I say that there are some people here who gain or lose $20,000 with every penny...now .44 to .13 is .31 so their portfolio has lost value of about $620,000...how do you think they feel ?
Bravo madam!
I applaud your post! Person-marked!
Barbados Tourism Statistics
The Barbados Tourism Authority and Tourism Board collect statistics on travellers to the island on a regular basis. These tourism statistics help to show whether or not the tourism strategy for the island is succeeding, or where more resources need to be focused.
Tourism is by far the biggest earner of foreign exchange on the island making up over 80% and has had a substantial impact on the Barbados economy. The Barbados tourist industry accounts for around 15% of our GDP and employs over 11,000 of the island's population. It is expected that by 2012 over 11% of the island's population will be employed in the tourism industry.
By the beginning of 2006, just over half a million visitors holidayed in Barbados, and that didn't include the 560,000+ cruise ship passengers! That gave a total of over 1 million island vacationers. There are also just over 6,000 accommodation rooms available to tourists, ranging from guest houses to large all-inclusive resorts. This figure is estimated to increase to over 9,000 by 2010
Financial Windfall:
1. A sudden, unexpected piece of good fortune or personal gain.
MEANING...most probably..like they've stated in their PR's...if you can dissect information and make sense...
Due to the share price evaluation at that particular date, they gained access to $40 million in financing. Nothing too spectacular...but how they spend that financing is up to them...dividend????
Yeah...how is that funny, sir??
1) people dont live in barbados?
2) they dont wear clothes?
3) barbados is a high tourist spot meaning that there are a lot of people there that have money when they come and visit...
AND EVER HEARD OF EXPANSION??
people need to realize that USA is not the center of everything. there are 1000s of clothing companies that are not available in the US.
how is that funny or surprising?
LMAO what? I don't get what the big LMAO moment is...
Companies also have websites with splash pages until they actually launch their FIRST flagship store in Barbados.
You think they will let you buy their product online when they haven't even launched their first store in the country in which they operate?
You've got to be kidding!!! The website right now is just a preview of the types of clothing that they design....nothing more.
The company has never claimed that they have $40 million in revenues. They stated that they have a $40 million windfall.
Secondly, the FIRST flagship store of 8000inc is launching in December so until then, I would not be expecting any online ordering capabilities or for them to show any inventory on their financials.
Members who have visited with the company have received 8000inc clothing.
Right now, the only person that is important in the development in the company is the CEO, Thomas Kelly...if you email him, he responds.
Haven't you realized that the Den People stopped responding to your comments because it's pointless to have an intelligent conversation with a brick wall.
Have a good day.
SIMPLY BECAUSE...the company is not meant for AMERICANS yet...lol what dont you understand? They are LAUNCHING in Barbados. They havent even set up a customer service line in Barbados and you're sitting in America trying to reach your own customer service line.
Company and its operations are based in Barbados. All they need is a virtual office here. Why would they have an actual office in Virginia when NONE of their operations have anything to do with USA.
Nobody in the company lives in USA as far as my knowledge.
As for the mistakes in the financial information...this is NOT A REPORTING company so it doesn't really matter as of right now..
you can't point out mistakes or make accusations against their financial statements when they are not adhering to any specific set of reporting standards.
monk has commented on all of this and has visited the company on numerous occasions.
sorry, i dont understand your post. what is the point you are trying to make?