Just happened to find this post from a MONK believer, back in the day. He fleeced millions from the retail herd. Those involved I'm sure will tell everyone. Never believe any thing a message board poster says. Just like my never believe the PR story.
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The Float Lock-Down
I'm going to introduce a new concept as a speculative investment opportunity. Another i-hub member introduced me to this particular strategy, and I actually met this person (his alias is Monk and he's becoming very popular on i-hub) in Phx this past weekend. After years of studying human behavior and body language, I think he's legit and I'm going to give him the benefit of the doubt. Not to mention he has a PhD in structural engineering, so you know he's good at math.
So his concept/strategy is as follows:
Buy, and Hold. It's really that easy.
Well, that is the easy part. The difficult part is understanding why this will work. Monk finds stocks with a specific share structure, usually targetting companies that have a large amount of insider ownership, and a moderate O/S (oustanding shares).
He then begins buying in large sums and announces it to his board. He currently has three different lock-down stocks right now -- CDIV, EIGH, and GRNO ... I've invested quite large in these stocks over the last few weeks because I believe in the strategy and am not sure how much longer these opportunities will be presented (never know when they're going to regulate the market more).
Monk has been running CDIV since June of last year. He has brought the price of the stock up from .0007 to where it is today, .40 and he's still buying!! Clearly one would think "why would I invest in a stock that has already done this," and "where is the upside potential?"
Well, the whole concept works because no one sells, except the flippers and day-traders that are bound to show up. The MMs short pinksheets aggressively because they can get away with it, in most cases enough to cause selling so they can cover their short positions. Now what Monk is trying to create (and eventually will create) is a Short Squeeze.
Currently, Monk's team can account for 20M more shares than there are outstanding. Meaning the MMs are at least 20M shares short. At some point, the MMs will have to cover these short positions, and when they do, the volume will explode because there are no shares available for sale. The short squeeze should take the stock 300-500% higher from where the short squeeze starts, maybe more.
This is speculative, but I think the concept works and I'm participating in all of them. I think it's worth a shot, especially with EIGH and GRNO since they recently pulled back ... CDIV will likely have the squeeze occur over the next few months.
