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Message: A Penny Stock Double Back in 1999

A Penny Stock Double Back in 1999

posted on Oct 04, 2009 04:24PM

This is the PR that influenced me to buy my first shares. I thought I would make a quick $1000

SAN DIEGO--(BUSINESS WIRE)--Feb. 11, 1999--Renwick Corporate Finance, which initiated coverage of e.Digital Corp. (OTC: EDIG) on Nov. 23, 1998, has updated its research report and raised its six-month target price from $.20-.25 to $.30-.35.

e.Digital Corp. currently has contracts with Lanier, a subsidiary of Harris Corp. (NYSE:HRS) and Intel (Nasdaq:INTC) and a working relationship with Lucent Technologies (NYSE:LU) to provide patented solutions for connecting portable digital devices to the PC and the Internet

We thought we might have a quick double back then - 10 years late we are about to finally get paid for our patience.

I feel bad for all of those people that got frustrated and sold!!


Oct 04, 2009 04:39PM
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Oct 04, 2009 08:18PM

Oct 04, 2009 09:01PM
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