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Message: Re: A fact that puzzles me
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Apr 29, 2011 03:30PM
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Apr 29, 2011 03:43PM
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Apr 29, 2011 04:08PM
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Moo
Apr 29, 2011 04:34PM

The time frame you specified, 16 months, amounts to about 320 trading days.

Volume of 55 million divided by those 320 days amounts to about 172,000 shares/day traded on average, which is about the range we have been witnessing. Nothing of significance imo.

Between tax loss selling, day traders, emergency sales and new purchases, I don't see anything unusual.

The drift of the pps during a very difficult economy is not surprising or alarming. In fact, it lends itself to an even greater upside opportunity for new money should the Markman arrive as anticipated and the new technologies impress at the excitement level Pat Nunally expressed as a very bright future for EDIG.

Deliver a positive Markman, multiple settlements, a new round of infringers and new technologies in cell phones and the dynamics reverse the trend you note.

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Apr 29, 2011 09:44PM
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Apr 30, 2011 09:10PM
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