Re: EDIG beats by a different drummer/joeyd Idisagree ted
in response to
by
posted on
Jan 23, 2013 02:47PM
teddy - number one - the money obtained at the time of the settlement is a factor in the valuation of the stock
number two - the license deal cut is a factor related to the valuation - 300K is some number I pulled out of a dark place,
number three - they are suing some very large companies and the recurring revenue number may be large with some and small with others - the average may be 300K accross the board
number four - what is the nunchi product worth? we have no idea, but if it is the patent of patents, i.e., the only one out there, then it is worth a fortune
I bought high and averaged down to below a dime - I am in the green and expect to stay there and go up. I bouhgt like you at 24 bucks...a small amount fortunetely -
Look at all factors including the desire of the law firm to profit....that will also be a factor. The law firm is suing it's butt off becasue they beleive they ahve something here...
again we will see....but it looks good so far.