Replies to post #89782 on 8000 Incorporated (EIGH)

[ordinarydude]

"But, I'm sure if you ask Monk, he will be more than happy to show you how he makes money hand over fist without selling the FLD's as long as you are willing to take a few steps also."

Provided you pay him at least $1,500, and provided you keep your mouth shut (so you can get into his little "circle" of "friends".

Ordinary

[caltrader]

Exactly. Many are confused about the difference between long term investment and the daytrading strategies.

Eigh is an example of a long term investment in a growing company. Very well sellers just many people buying and hoding. I would suspect that is why Monk has not sold or day traded it.

On the other hand trading the ETFs has been a great strategy for those wanting to day trade.

Eigh is a long term buy and hold. But there sure has been very obvious manipulation of the share price despite shareholders buying and holding while we wait for the company to execute their business plan.

"There are approximately 236MM shares that can be accounted for in the market out of a total issuance of 143MM."

At least 93 million shares short or over 70% NSS.

"We have only scratched the surface. We believe if the independent market sees the audit, they will reach the same conclusions and if they believe what are the facts and invest,then there would be, in our opinion, only one conclusion and one result"

From the company news letter of Nov 3, 2010

[janice shell]

I do know he is an extrordinary trader. Seen it first hand. Blew my mind.

What did you see first hand? It's my understanding that Monk doesn't really trade live at those "live" sessions. He just watches a live chart and says "I'd get in here", and then "I'd get out here"...

And I understand he's also said that he's never had a down day. That's impossible.