Replies to post #27223 on 8000 Incorporated (EIGH)

[beulah]

Thank you, and I am glad I am asking these questions because it is adding to my understanding and confidence. I want to clarify that I have large investments in these stocks, have no intention of premature selling, and have not lost my faith in the team approach and FLD strategy. You raise an interesting issue, which is GRNO and why with 250% of the float owned, and the need for approximately 160% of float owned for a squeeze, why aren't we getting a squeeze in GRNO. I invested in GRNO specifically beacuse I thought it was the closeest to the squeeze due to its small float, but the share price is not reflecting that at this point, although it went up greatly after Monk's recommendation.

[hfields]

When you say 180% of the float, how is it you come to that number? Is it due to naked shorts out there? I guess my question is how can we own more than 100% of the float? And someone mentioned air shares. What are these? TIA.

[DHANA]

"With EIGH, we dont even own the float yet."

means MM's will take the PPS to higher levels and short again...

[Cube]

There is no mathematical formula to a squeeze and perhaps EIGH squeezes sooner than the others. Perhaps buying on EIGH hits a point where the MMs scramble to cover and a squeeze triggers. My point again is a FLD can bring the stock massive gains but a squeeze could occur from factors not in our control.