Re: Circuit City files for bankruptcy protection
in response to
by
posted on
Nov 10, 2008 11:31AM
Hello raggie,
What I mean is that it is my perception (which could be wrong) that most who follow this story on a daily basis are well aware of the patent situation, the first settlement and the expectation of millions of dollars of revenue EDIG might reap as a result of their patent efforts.
As a result they probably already took large positions over time at price points in this neighborhood and below.
I would therefore expect the majority of new money flow to come from outside of the EDIG chatrooms as news emerges....but you never know, there may some keeping their powder dry waiting for confirmation of what most of us hope is true.