Re: EDIG NEWS NO surprise there -Au Contraire
in response to
by
posted on
Oct 28, 2008 12:10PM
This stock will move with the market when the market catches wind of what is happening with EDIG's patent efforts.
This is an unknown story today, but as names like LG, SAMSUNG, SANYO etc start to see the light of day, EDIG could again get swept up in this oversold market turning around.
EDIG's valuation today compared to what it will be over the course of the next year or two will cause this to be recognized as a buy eventually...but the shroud has to be lifted before the connection can be made.
The timing of a market recovery, if today's 889 point move up on the DOW signals a turnaround, could be timed quite nicely with pending EDIG news.