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BrickTop

03/01/10 9:41 AM

#11420 RE: dshngmike1978 #11419

Good question. I buy shares of EIGH and then Hold shares of EIGH. What the MMs Do I am not sure :) Maybe Exblock can answer your question.
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Mike87

03/01/10 9:44 AM

#11423 RE: dshngmike1978 #11419

Most of us here don't have an ask THAT I KNOW OF, unless its $1.00

The lockdown takes a while and selling off shares during daily peaks only prolongs the process.
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Ex Blockman

03/01/10 9:59 AM

#11435 RE: dshngmike1978 #11419

We are accumulating EIGH currently and have been since the call in Monk's Den since .008.... As most all know, the MMs and NSS crews tend to sell millions of shares that are not legally in the OS of the company. As we continue to add whether on a spike or pullback, eventually we get to a point where we can own as much as the legal OS or in most cases a lot more of the OS as the MMs have sold us airshares for weeks and months.

We aren't there yet with EIGH, but getting closer as investors lock up and hold their shares. Add to that some very nice fundamentals and a great business plan, and EIGH becomes a very interesting longer term play. We in the Den are looking for at least .50 later this year and quite possible over $1.00 as the company executes their business play.

The MMs would rather be legal, and eventually the MMs will have to cover to get legal or face a fine by the SEC and a forced cover when things get out of hand.

I hope this helps a little......