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Cube

03/29/10 9:24 PM

#20102 RE: mainsqueeze #20099

Looks like chit right now but could turn in a flash.
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faxedreceipts

03/29/10 9:31 PM

#20104 RE: mainsqueeze #20099

The way I look at it, it's a FLD and it's a longer term hold therefor I've adjusted my time horizon accordingly. I've held stock that have quadrupled in value in the past but it took a year and a half for that to happen and I thought that was big at the time. I believe that Monk and crew are serious people and have the long term picture in mind to make serious money. If you don't need the money, I would hold long term and realize the potential the Monk Den brings to the stock investing table.. The bottom line is that most stocks don't have this kind of profit potential. I sold out of a promising China oil stock, a mutual fund and put fresh funds into Eigh because I believe that the float lock is going to happen in the long term. The chart be damned. It's about accumulating the shares. Once the shares are accumulated, the buyng pressure in tandem with the surprisingly (to me) good management of Eigh will help to increase demand for shares. The MM's aren't used to an organized large scale, long term effort to lock the float.

Investors are cynical and should be. Once the C stock squeezes, it's gonna make a lot of believers out of the doubting Thomas'. All in my opinion and sell as you may.
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Ex Blockman

03/29/10 9:41 PM

#20107 RE: mainsqueeze #20099

Of course the chart looks bad and therefore some are selling. And many are buying into another red opportunity. One either has faith as holds on, others add because they are fortunate enough to have investable funds, and all that do should be fine over the longer hold.

EIGH, imo, is not a chart play but a longer term fundamental play which is also being locked down by the Den. As to the lockdown..... We are still very early in that phase..... The main focus of the Den, as has been stated over and over, is the 'C' stock and that is much closer to playing out than EIGH. There should be no surprise in what I'm stating here.....

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tdksp84

03/29/10 10:23 PM

#20117 RE: mainsqueeze #20099

mainsqueeze, here's my two cents. The chart says buy to me based on the fact that we are continuing to buy and hold. I love this price and I have bought from .03 or so. The only charts I look at are the F's. The charts on the 3 amigos really don't apply. Not trying to be rude, but maybe you should just take a day or so and relax and not look at it. Smell the roses, have a cup of coffee. In all my years screwing with the micro's and pennies, these are something special.