Final shakeout prior to Digecor trial?

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lake3054

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Final shakeout prior to Digecor trial?

posted on Apr 27, 2009 05:31PM

Any MM who sold (short) over .16 will be making over 18% on those shares sold by those unwilling to see their investment lose 'value' over the past few days.

Personally, I look at the approximately 280,645,800 out of 281,380,000 shares that were not sold since April 16 (the last time EDIG was at .16) to help determine the value of the company.

Apparently the market does not think it's less than .16 per share, or for that matter, anywhere near it. In fact, AUTO today felt the value was at 8.00 per share (that is in DOLLARS, not cents).

E DIGITAL CORP

Daily Commentary

Our system posted a HOLD today. The previous BUY recommendation was issued on 04.09.2009 (18) days ago, when the stock price was 0.1600. Since then EDIG has fallen -18.75% .

A Warning is in order! The previous BUY signal failed. Downward momentum now reached to intolerable levels.

You can either wait for a new bullish alert or sell the stock immediately. It is up to you. We owe you an apology.

You can play the short side assuming all risk if you want to. Our stance, however, is currently neutral in this matter.