Re: RP Status?
in response to
by
posted on
Oct 24, 2009 11:15AM
The "market", who will be those new investors who have yet to hear about EDIG's development of the past two years won't care that some have been disappointed with EDIG's past performance. After all, thousands of companies fell victim to the tech bubble bursting.
What they will be interested in are the numbers, the company's growth and the expectation for more growth. They might look at the 10 year history and see how the market valued EDIG prior to the bubble bursting and the down cycle that followed but they will be looking to see the resurgence of the company's fundamentals and the upside from this low penny range, looking for a return to the upside.
As analysts pick up on EDIG's price and volume improvements and continued IP efforts, buy recommendations will alert more and more investors to this undervalued stock pick.
Microcap funds will likely follow and we will see a continued rise in the pps.
When I found EDIG it was trading at .07 back in 1999. I wasn't concerned with its previous price history but was rather very focused on where the potential its technology could lead an investment stake. It was a good bet then and could very likely present as such again, given EDIG continues to perform....which looks VERY likely.
Today EDIG is claiming its turf for 10 years of lost product sales from over 170 companies and has gone 7 for 7 in the process.
The market is already reacting to EDIG's string of good news. It is even that much more of a credible story in an up market. Rising tide and all...analysts spend their time looking for companies that have repositioned themselves for better days.