Free
Message: cant belive

Re: cant belive

posted on May 04, 2007 07:53AM

In 1999 plenty of naysayers stated EDIG, being a penny stock, would not participate in the tech boom. We heard all the reasons, very well documented, as to why it would never happen.

Granted it's not 1999 anymore, so I would tend to agree that 24.50 is not a very likely price point, but I would disagree that news will not drive this stock, or any other stock for that matter.

What this stock needs, beyond a great news on the Patent front along with the eVU business, is a new pool of investors who see things differently.  Maybe that won't happen until Duane Morris LLP eludicates on the patent matter but once the process of settlements and licensing begins I believe there is a very good chance that new investors will see an investment opportunity at hand.

Until that day, you have the floor...but that day is quickly approaching.

Share
New Message
Please login to post a reply