What's up Canada Eh!?!
For those who aren't familir, FLD stand for Float Lock Down. The concept is pretty simple. Market makers, hedge funds, folks with off shore accounts supposedly can naked short sell (NSS) penny stocks. This NSSing supposedly can go on until many multiples of the authorized shares are in the market. This severely drops the price per share. A FLD is like a martial art, it's supposed to use the momentum of the NSSers to force a short squeeze. The people involved in the FLD just have to buy, hold, wait, and get more people/money to do the same.
Monk would pick stocks for FLDs. EIGH and CDIV are just two examples.
From dictionary.com
Ponzi
a swindle in which a quick return, made up of money from new investors, on an initial investment lures the victim into much bigger risks.
