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$to©k_Pi©ker™

04/22/08 9:58 AM

#1436 RE: learning as I go #1433

Learning, i can answer that.....

First of all, i don't think anyone, outside the ONE big seller about 3 weeks ago, wants to sell at these levels. Right now, there are bids out there, so if someone wanted to sell, they could easily sell at the bids. No one wants to and i dont blame them. This was just a 3.5 cent stock little over 3 weeks ago and a 26 cent stock little over 3 months ago. With the expansion taking place every year for the next 3 years in different global regions (SE Asia, Australia, USA) who wants to sell? So not selling is a great sign.

That answers why no sellers. Your next question, why no buyers, is a good one.

I have quite a bit more i want to invest in EIGH. Quite a bit more. My buddy has almost as much he want to add. Rhine has a good amount he wants to purchase etc...

But, if you cannot buy through Ameritrade, that reduces the buying market by maybe 20-40% which is significant. It will take much longer for this to not only shoot up - but in the future when we want to sell some for profit, it will also be that much harder to find buyers because, flat out, they cannot buy.

For 10 years i only had an Ameritrade account. Only within the last 2 years, i opened up 3 more accounts. People are not going to go open a different account just to buy one stock.

And Lastly, from a quick point of view, all are *kind of* right in the fact that Ameritrade is a problem, but not THE entire problem. There are other services to buy from. However, take my point of view. Although i want to buy, and have Zecco to do it with, i am NOT going to buy more until Ameritrade gets resolved because of what i posted above - it will take longer to move up AND it will be harder to unload in the future at a profit because a large part of the market will not be able to buy, and like many said, if a huge broker will not buy it for people, it raises a red flag for investors to NOT buy, even if they can with another broker.

So, in detail, Ameritrade IS the problem entirely IMO. You just have to look deeper instead of just a glance of the big picture.