8000 Incorporated (EIGH)

[Andrew26]

Did he ever talked about we must hold this and this? No. Because thats not the reason that makes MMs panic. The fact, that what they sell/short is not getting back, that really does.
I guess you watched the last days on EIGH - every single days its walkdown EOD if you are in solid profits for the day. Ask yourself why. Ask yourself why NITE is so much aggresive.
All I say is that its not needed to fight them under such condition because we will not win today. And heck, what we finish today is not important.
They very likely want to have good looking numbers in 1Q, thats why they walk it down. We should take advantage, add up cheaper, do not waste the money on something that will TODAY finish in 80s very likely anyway and wait for the time when they dont push it down at all costs, very likely when April comes.

About the gap - it would be good from technical point of trading, when people will look at the chart and see gap filled, will probably buy. I hate this gap-filling-rule but people trade like that so you gotta respect it usually. Maybe will not be needed on EIGH, dont know.

I hope you got my point.