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Re: Ex Blockman post# 69064

Monday, 10/11/2010 12:44:42 AM

Monday, October 11, 2010 12:44:42 AM

Post# of 111214

That's exactly what I got out of the PR after reading it a couple of times. If that's the case, I can understand why there is so much negativity recently regarding EIGH. I mean, the stock moves for months from .01 into the .20s and .30s and hardly a peep. A .10/share dividend is declared and all hell breaks loose. Very interesting. That to me is very telling and probably supports our assumptions that there is a fairly nice short position from both MMs and hedgies. We'll see what happens but I have to tell you, I'm sure looking forward to the Payment Date of Oct 15 even though it will probably take the brokers 3-4 days to credit our accounts.

That's the reason I'll be calling all of them today to have them explain to me how my dividends will be paid if the broker shows a large short position. I would suggest you all do that also. Let's compare notes.



+1