Re: share Price; past week and today...
in response to
by
posted on
Feb 09, 2009 03:03PM
The pacer filings of last week do not represent a one time event. What they do represent is DM's stellar success executing the IP protection efforts on behalf of EDIG.
This served as the test run and could not have played out better.
That is to be followed with the next round of infringers which investors anxiously await. So anyone playing the "rumor" game, as you so aptly put it, will likely see their shares gobbled up by those who understand that the magnificent 7 is just the first salvo of many more to come for several years.
They wouldn't fill me at .17 today in the last 10 minutes of trading when the bid/ask was .17x.171
How do you like them apples? The MMs know this has a long ways to go.
Certainly if someone were to dump it would have some temporary downside pressure but investors know this is nowhere near the end game and would step back in, seizing the opportunity to buy low.