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Re: Virtual Drew post# 44230

Tuesday, 08/03/2010 8:22:27 AM

Tuesday, August 03, 2010 8:22:27 AM

Post# of 111214
Regarding EIGH and Monk, my guess (based on just a few months of watching how things work around here) is that's not how Monk operates.

My bet is that he'll most definitely show up here at some point when he thinks Team members are really considering bailing on EIGH in numbers. If his mere presence and a few small buys are enough to drive the PPS of EIGH up by some decent amount, he'll leave it at that and disappear again. If that's not sufficient, he'll buy up a some tens of thousand shares over a short time to try to move the PPS up.

If by some bit of luck, a PR comes out or some other event occurs that really starts to move EIGH, then you'll see Monk jump in quickly and a big way to play the momentum for all it's worth (kind of like what happened to that other stock).