posted on
Jan 14, 2009 10:30AM
Message: Re: Lawyer / gocougs
Your point is well taken concerning averaging down, and most of us in here have probably done just that ( I sure have ), but a time comes that one has spent all they care to on one company. I have reached the stop point this month regarding EDIG. Unless it falls any further, I don't see buying any more.
I read an article in Money Central today, that there are over 3900 stocks, now that's not OTCBB types, below $10/share. The article suggests 6 stocks to buy.
Makes me wonder how many OTCBB stocks are out there under $1.00, .50 or .10? And how many of those are poised for upside movement in the next year or two? That's anyones guess, but EDIG might just be the leader in price appreciation...I have much money on that "gamble." I consider my holdings of EDIG a safe risk.
There are times I am discouraged seeing the PPS and volume be where it is, especially with so many positive events to date, and the optimism that it will continue, but that goes with the territory these days.
My take on LL's posts, are more of cautious optimism. Someone who wants to see improving numbers Q over Q, PR's, eVU revs continuing to climb, putting settlement money to good use to grow a steady business etc. Frankly, who does not want to see this!! If I have put incorrect words in LL's mouth, then he can correct me.
This would be a boring place if it were all kissy kissy and everyone agreed with each other. JMO, DISCHINO.
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