The EIGH issue is all about "airshares". Presently a call has gone out to all who have EIGH "markers" in their account at Etrade to fill out the simple affadavit the company has provided, sign it and forward it along with a screen shot of your Etrade account reflecting those "markers". The goal is to provide undeniable proof that cannot legally be ignored by regulators.
Once provided, regulators should have no choice but to enforce existing rules and regulations or look foolish for not doing so.
If those rules and regs are enforced and Etrade is ordered to buy back the non existant shares they sold it will cause an increase in shareprice. That action should cause others who also sold non existant shares to do the same. Every person who wants fraud eliminated from our markets should be in favor of this happening.
How can anyone claim to be against fraud by company management on one hand and for fraud by those selling non existant shares on the other? Some folks have repeatedly claimed no short position existed or if one did it was minimal. Here is an opportunity to show your support of ferreting out the truth by encouraging all Etrade clients to file the affadavit and screen shot as requested.
Go EIGH!!!
My one allowed post for the day!
Market Data 
Markets 
AI
