Re: A bit of Volume at the open ??? 22 seconds into the trading day
in response to
by
posted on
Apr 29, 2010 12:03PM
Probably...but until we get management or DM to reveal their progress, this is all meaningless, unless you have to sell for some reason.
For $120K you can establish a million share position. When buyers step up trying to get pieces approximating that size then it begins to get serious.
If you think EDIG will approach $1 or $2 dollars/share based on events unfolding (settlements, elements etc), then you're looking at a 5-10-20 bagger with probably the least amount of risk in this company's history.
Minimize risk, maximize the upside. Management's silence is not encouraging as we await what likely will be an "off" fiscal year report, but I think most understand the circumstances with round 2 looking to get done in fiscal 2011.
No debt, no clouds, DM rolling and the next Gen eVU still at large...