Re: EDIG SHORT INTEREST DROPPED FROM CLOSE TO 50 PERCENT TO NEAR 3 PERCENT!
posted on
Apr 02, 2009 08:27AM
I guess you just glossed over the example I posted.
No revenues, no profits, a huge outstanding share count but it is being recommended by microcap followers via daily updates that this is the play of the day based upon EXPECTATIONS.
And this, in a bear market with wall street crumbling.
Their numbers are anything but impressive and yet they have caught the eye of the microcap community. Think their investors are working feverishly to LOWER expectations?
Get out of the way of your investment.
EPS -$9.10
REV $363K
Outstanding shares- just under a BILLION