Replies to post #69061 on 8000 Incorporated (EIGH)

[Ex Blockman]

That's exactly what I got out of the PR after reading it a couple of times. If that's the case, I can understand why there is so much negativity recently regarding EIGH. I mean, the stock moves for months from .01 into the .20s and .30s and hardly a peep. A .10/share dividend is declared and all hell breaks loose. Very interesting. That to me is very telling and probably supports our assumptions that there is a fairly nice short position from both MMs and hedgies. We'll see what happens but I have to tell you, I'm sure looking forward to the Payment Date of Oct 15 even though it will probably take the brokers 3-4 days to credit our accounts.

That's the reason I'll be calling all of them today to have them explain to me how my dividends will be paid if the broker shows a large short position. I would suggest you all do that also. Let's compare notes.

[mytigger]

Spot on Don. Yesterday's PR was just confirmation of what anyone with a little common sense already knew - this stock has been shorted to death.

I'll be calling my broker today to see what they're going to do if this stock has a signifcant short position. Sure can't hurt to have them reviewing the issue....

[Fossil-Fuel]

Cool thanks!

[itsmikie]

A lot of different numbers are floating out there too.. I'll take a stab and put my two cents in... It looks to me around the 40-45M mark. Best Guess.... We see the short numbers every day, but that doesn't tell the whole story. In fact, I don't go by that too much at all... Its the volume spikes I see that I'm taken into account along with what Hedgies are known to do to make money.