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Message: Today's wrap-up

Today's wrap-up

posted on Sep 17, 2007 02:20PM

somewhat hard to follow due to the nature of the trading, but here it is:

pps     # of shares       $$$

.200     67,250            13,450.00

.195     48,830              9,521.85

.191       9,250              1,766.75

.190     20,093              3,817.67

Total   145,423            28,556.27

median pps = .19637

today's avg. = .19500

46% of the shares today were traded at the day's high, with 79.82% at or above .195.

Due to the trading nature, it further breaks down to:

14,250 traded at the ask at .200,

53,830 traded on the bid at or above .195,

48,000 traded in between the bid and ask at or above .195

6,250 traded between the bid and ask at .191

3,000 traded at the bid at .191

and 20,093 traded on the bid at .190.

This means that EDIG closed on lower volume at the pps where only 13.8% of the shares traded today, when 79.82% of today's shares traded at or above a bid price of .195 (Friday's close).

Shares at bid at .190     20,093

Shares at bid at .191       3,000

Shares at bid at .195     43,830

Shares at bid at .200     10,000

again... there were blocks between the bid /ask at .195 of 5,000 and at .20, totaling 43,000 shares.

As the numbers suggest.... someone wants your shares and they will pay for them... and selling volume is drying up below .195

Don't let the closing numbers paint the whole story... I don't think I ever saw the ask drop today below .20, did you?

 

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