That is quite the distortion of what transpired.
Did you forget about all the other factors that led EDIG to rise from .07 to 24.50?
Intel, IBM alliance, Lucent, the MP3 player concept, B&O, Gateway, the overall market psychology, the TIME magazine article, the cover of Parade magazine, retail product development, fund coverage calling EDIG's tech disruptive technology, and yes, it appeared NASDAQ coverage was a possibility with the stock trading in double digits.
As I recall management sold some at 12, and the stock later doubled from there.
There was no conspiracy imo, just a lot of hot market action and they did what was prudent for them, and have hung in there for 10 years, still positioned.
I hope they make a fortune, and the sooner the better, as that reflects directly on our opportunities to do the same.
What you choose to do with your opportunity is your business.