Replies to post #132732 on Cascadia Investments (CDIV)

[Canada]

There isn't really a lot of info to post before it becomes redundant. The idea of the FLD is to buy and hold for the squeeze, I know you understand that but for the sakes of repeating it so someone that has missed the stickies or the other explanations. The reason we hold and don't flip for a quick profit is because it slows the process. As long as you are flipping in and out you are recycling the same shorts. Granted you may be or have the intentions on buying more with your profits they are still being cycled in and out giving the MM's the idea people are selling. If we all buy and hold it puts the market movers in a situation to know they have to cover because no one is selling.

[finefinesuperfine]

His question actually was "why do people who have been to Monkinars feel so secure in this play? What information did Monk tell you at Monkinars that makes you feel that way?"

I sent him a PM and said that the reason I believe people feel secure after the Monkinars is because they have met Monk and other team members and they have faith that he has a plan and after getting to know him they have faith in him and the team. This answer was unsatisfactory to him. He wants specific information about what will trigger the squeeze.

IMO the answer to that is that no one knows for sure. It could be increased buying pressure that puts pressure on the MMs. It could be that there's a percentage of the float that once they've shorted they decide is a trigger to cover. It could be an act from the company, such as uplisting or issuing a dividend. It could be other things as well.

The real answer is that everyone needs to evaluate their own investment and their own reasons for holding. No one invested here based on the fundamentals of the company. And if they did, they made a bad investment. Many invested because of the FLD concept. If that's the reason, you have to ask yourself what's changed. When we bought in, none of us knew what the trigger would be that set off the squeeze. I understand that people are getting antsy and that some of us (including me) are in the red. But as Greedy correctly asked, what's changed? If you bought in because you believed in the FLD concept, Monk and others are still saying that it's a go. During the big run up to .71 no one knew what the trigger would be, and no one knows now.

I thought Greedy's questions were valid. But its just my two cents.