Anatomy of the FLD

[Ninja7]

One thing that caused me to abandon my belief in the FLD concept was some research into Monk's claim about the original FLD short squeeze stocks. There were two of these stocks that supposedly Monk and some other people quietly invested in for a long time before they eventually squeezed. You can read Monk's claim in his own words here...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45578589

Let's look at the EVCC short squeeze claim. If you're willing to search back far enough in Monk's early posts, you'll find that he claimed to have bought into EVCC at around $2.00 and sold a week later for a 100% profit as he explains here...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21168332

Now that's a great trade but far from what he describes in his short squeeze claim. Also, several of us have asked Monk what happened to all the other people involved with EVCC that helped him lock the float. Monk claims that they are all retired now and no longer investing (or apparently available for comment).

What really happened with EVCC was not a short squeeze but simply another crazy pump and dump promotional scheme as explained here...

http://www.canada.com/vancouversun/columnists/story.html?id=1c0c9cea-5d9f-402e-b01b-30a8966ad8aa

Do your own research and draw your own conclusions, but EVCC looks nothing like an FLD to me. It appears to be just another pinkie pump and dump.