Re: No one willing to pay .154.......YET
in response to
by
posted on
Jun 03, 2009 09:40AM
No doubt the MMs are holding price levels in anticipation of earnings and few investors are willing to let it go with what's out there in store for EDIG.
The only hope to fill, in size, at lower levels would be if earnings disappoint...but with 184+ infringers mentioned by management, and only 8 in play so far, the upside pressure will likely remain, as DM will fill that pipeline.
Heck, it's a lousy .15 for a profitable company....where's the risk?