Re: Frank/Settlement vs Royalties doni
in response to
by
posted on
Sep 09, 2008 12:32PM
It's a fairly long and complicated answer but my opinion goes along with ....gasp.....LL's...... This company has been so bad for so long that no investors out there are willing to jump in on "expects, or soon". Even new customers don't evoke that much interest due to that fact and also because (in my opionion only) the stock is being controlled and not allowed to move much in any direction.
Today's action is of announcement of a new customer and new orders drove the price up to $.098. It should have stayed there due to the news. It lasted a while then one trade brought it back to $.082. Not something natural in normal trading.
I have always said that when "SHOW ME THE MONEY" happens the controlling forces will NOT be able to do so and, depending on the magnitude of the "SHOW ME THE MONEY" will spike and take off. I stand by that opinion. Until investor confidence comes back with that type of action EDig will stay where it is....