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Risicare

05/02/11 11:08 AM

#175959 RE: Swimmingly #175958

I also believe manipulation is bringing CDIV down to cover naked short shares.


In case you have not noticed the company and the hard data from regulators both say you are wrong. So how by tell did you come up with this idea of a naked short? What evidence would make you think this?
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jetpilot1101

05/02/11 11:09 AM

#175960 RE: Swimmingly #175958

So can tell me with a straight face that while you were busy buying shares at $0.50, you would have been perfectly comfortable with Monk selling some other guy shares at $0.30? Let's assume he was trying to help a guy out, why didn't he help you out? Why didn't he let all of the Den tap into the discounted shares deal? Why was this guy so special? The fact remains, while those of us not "in the know" plunked down our hard earned money for shares in the $0.50's, this guy cut a deal for shares at $0.30 that Monk sold to him. Have you ever asked yourself this question: at what price did Monk aquire those 1 MILLION shares at? Answer that one and then you'll answer this question, how much profit did Monk make on those shares while those who bought at the highs were watching their investment sink. I'm sorry, no matter which way you slice it, selling discount shares to one person while encouraging the rest of us to buy and hold even in the face of a declining PPS is wrong and will always be wrong. There is no way to rationalize this.
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EarnestDD

05/02/11 11:48 AM

#175963 RE: Swimmingly #175958

Of course ... some poor guy with $600,000 that Monk had just met on a message board needed to be helped out so Monk, out of the goodness of his heart, sold him $300,000 of CDIV and $300,000 of LUXI.

What a guy that Monk is???
What's next .... the beatification?

lmao
jmo
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DayTradingAlgo

05/02/11 1:26 PM

#175965 RE: Swimmingly #175958

Sorry but that is just being ignorant. Monk preached buy and hold, don't flip, don't take profits until the squeeze, on the exact same day he was dumping 1,000,000 shares

Let's not forget that the court document has Monk admitting that he was trying to find more buyers for the LUXI shares, so who is to say that Mr. Roth wasn't the final buyer on CDIV so he could finally send in his much larger certificate and have it split up among multiple buyers?

Also, the biggest issue here is this: Monk swears he never sold a single FLD share, not one single share. He even went as far as to boast that the SEC could look at his trading records because there would be no evidence of FLD shares being sold.....and then he admits in a certified court document that he was selling CDIV shares in certificate form so that they couldn't be tracked via his trading records.

This also now makes some older poster's stories more credible. There was one man on here last year claiming that Monk owed him millions of shares for work that he had done for CDIV, but that Monk either had not delivered, or the delivery was delayed causing substantial financial loss from higher prices. I believe his username was "ucheckiraise".......you should go look at his posting history ;-)