What a miserable disaster for shareholders this and other FLDs have been. From 72 cents down to 3 cents while FLD pick followers have been encouraged to hold all the way down? Are you kidding?
As many of you know, CDIV is my favorite play...While I certainly have other long plays and daytrade many others...I think it is especially important in this short week that we add what we can to our CDIV position... We did an informal count yesterday and we have approximately 44.5 million shares of the 49.8 million float locked up...
I know... we watch every day and say where are these shares coming from when we see sells at the bid... Well... It's simple... most recent estimates put the market makers about 14 million shares short...So what can we do about that... Easy... we add what we can and we have a little patience while Nazir (the CEO) completes his plan... And Remember... The company is not diluting... the TA is ungagged... we can check that anytime...
Well if you want to win... you have to play by the rules...and a disciplined team can in fact beat the MM's at their own game...
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution