All these senarios.
posted on
Jan 17, 2009 04:46AM
After roughly 6 months of reading and posting here, and having been on other EDIG boards for many years before finding this fine group, it is very interesting to contemplate why we went from under a dime to $24.50 in a very short period of time, and back to a dime over the next 8+/- years.
The tech bubble, NASDAQ #'s, what, nearing 5000 in 1999?
I remember buying QCOM for $256/share in mid-Nov of 99 when the 4:1 split was announced, and selling for $800/share the last business day of Dec-99. In 6 weeks, it more than tripled. The next business day in 2000, being at $200, and watched it tank over the next couple of years to below $40 I think it was. These were crazy times, most likely never to be repeated as a whole.....
10 years later, an economy in a disaster beyond explaination, and EDIG weathered the storm. Now, EDIG, but not the overall market, is being predicted, and for solid reasons, that the run up of a decade ago, can repeat itself.
All the senarios and calculations I read in here are easy to imagine to become true one day. Company news is slowly evolving in the right direction, and reminds me of horse racing. All the horses are in the gate, and when the switch is pulled, hold on for dear life!
I'm in the camp that wants to believe all the positive senarios, and awaiting events to justify the move upward. When that day comes, and I firmly believe it will, Agora will need to have a much larger server capacity, just for us EDIG folks!!
Until then, GLTA.