Re: .16 x .165 ---Vol 1,042,400-Pravda
in response to
by
posted on
Jun 08, 2009 12:38PM
What was special? Buyers came in and a lot of the flippers/traders exited taking profits.
They will be looking to enter again to play the same game, hopefully at higher prices.
But the main point was that demand met or exceeded supply for most of the morning at trading volumes much higher than we have seen in quite some time.
No doubt this is in anticipation of the 10K. If they show good numbers and then follow that with a plan for 2010 for more of the same, then the EDIG chart should continue to perform.
Will revenue performance in this market drive the pps? If they can make the case for conitnued growth in revenues and profits going forward,, this will be a penny stock stand out...especially in this market....imo.