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Re: SevenTenEleven post# 82697

Saturday, 11/06/2010 10:21:45 AM

Saturday, November 06, 2010 10:21:45 AM

Post# of 111215

It is possible the SEC has suspended trading to fully investigate the claims of abussive short selling of EIGH and the claims that there were more than 2 times the available shares being held by investors than the amount of shares possible to be held.



Once again, you couldn't be more wrong. The SEC would never suspend a stock to "investigate claims of abusive short selling".

In this case, you must have never bothered to read the SEC's suspension order. They specifically stated why they suspended the stock and it had nothing to do with short selling. It had to do with Monk's Den and EIGH lies about paying a dividend.

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

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y