InvestorsHub Logo
icon url

LoneGrey

10/06/10 12:10 PM

#68498 RE: papaul #68493

EIGH is growing its company, issuing dividends, auditing the shares to expose short positions to protect shareholder value. EIGH is doing the right thing. It has been said many times on this board that a prudent and honest company who knows or suspects there is a short position on the company stock should take steps to rectify the situation and protect it's shareholders. Now that is exactly what EIGH is doing.
icon url

waltczyk

10/06/10 12:13 PM

#68506 RE: papaul #68493

all the company did was put out a much needed press release and took the divy off the discussion table as now everyone is screaming naked shorts, like the two are related

what does completing the share count "audit" have to do with the announcement of the special divy is beyond me

whether there is a billion naked shorts or not - a divy is a divy

but it does give the company an out that when all is completed - the info of FINRA will be accurate in terms of the short position - imo

and if the company issues financial statements that can't be reconciled with earlier financial statements and issues pr's which cause confusion - the goal is definately not transparency