You are a gambler!
posted on
Jan 24, 2006 06:47AM
Yep, if you are reading this and own EDIG shares you are most certainly a gambler. Anyone that buys a penny stock gambles on the outcome. Most penny stocks do not make money for long term investors. Some make fortunes for long term investors. Your desire to take a small amount of money and turn it into a large pile-o-cash is what made you click yourself into the EDIG world.
If you wanted a conservative investment, you would have bought GM or Ford six years ago. Buying individual stocks is a gamble no matter what you call it, even blue chips.
This is not hard. In fact, it is very simple. If EDIG has customers and product to ship to those customers, you have a chance to stay out of the gamblers poor house on this bet. As the company stated a month ago and has since confirmed, we will know something by the end of the Q.
The past has come and gone -- lots of EDIG bets that did not pay off. However, they are still throwing the dice. This is a company that has never made a penny in profit and you bet on them. There is little different today than the day you placed your bet. The price to play is just cheaper.
Who knows? Maybe craps, maybe you hit your number.
John