Had a glass of wine
posted on
Mar 26, 2008 07:07AM
with a colleague last night who was there in the glory days, made some money yet still had a position in EDIG until recently as he needed the write off to counter some other gains he had.
He had no clue with the current status of EDIG as he doesn't follow it and really never did...just happened to hear me at the right time and place and placed a bet.
After learning of the patent situation and increased sales, and noting he was well over the 31 day wash rule, he is going to revisit EDIG.
Board regulars are way too close to the story. Investors that will drive the stock price up on news of new developments are more typically investors like my friends who don't need or want to be connected but just want the shot at some big gains. He even stated that after recent market movements he could use a stock that moves.
I'm sure he is going to do his version of due diligence as the news of patents and eVU sales has generated some interest.
I'll try and keep the board abreast of his decision to revisit EDIG. As more news unfolds the interest will again be generated...and as results hit there will likely be another fire storm for demand.
There is a place in many investors portfolios for the home run candidate.
Backed by DM and increasing sales and a 13 cent sticker price, this is looking better by the minute.