8000 Incorporated (EIGH)

[ibreken]

I would think most shareholders aren't selling because....well... what is the point? They've already been crushed...down anywhere from 80-95%. The mindset in these cases is "I've already lost almost all my money...no point in selling now". It's like someone who went to the casino and lost $190 of the $200 they brought to gamble. Don't know many if any that would go to the crib to cash in that $10 chip left over. They are happier to lose it than cash it out. Unless people are looking for a tax write off of course they will hold. And...to be blunt, most of the people who get scammed by these things aren't usually in a 'situation' to need to offset gains in other stocks...if you catch my drift.
That and it's on the greys....