EIGH - Another Guru "Told you so"

Back in September the Guru noted EIGH and some changes being made to its web site, here is what we wrote:

EIGH is a shell stock that has recently risen from its lows closing trading Friday at $.0016. Their web site indicates the shell could be taking a new direction within the next few months. We'll have more about this one as we find solid details. http://www.8000inc.com/ 

  This was when the stock has just suspiciously breached the $.001 mark.  Today EIGH surged to the $.01 mark on relatively modest volume.



The bottom line is shares appear to be in short supply, and any demand is sending this stock into orbit.  Is a buy up in the $.01 area a good idea?  Not at this point.  Let's see what the next few days bring.  A quick glance at the company web site shows some professional work and a business that looks to be in its fledgling stages.  Promising signs for readers who took the dive in the $.001's.

Keep EIGH on your radar.  This stock could surpass the $.01 mark in the future.