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My considerably cautious stance is becoming frayed around the edges since the Webcast. It sure looks like this years CES will be a blast. I'm pretty pysched and can't wait for some PR's. The 6 month chart is very consistent on the uptrend. I expect we will see .8 or better in the next 3 weeks. Not much of a chance of seeing the mid 40's anytime soon. Very few trading days left. The strength on Friday certainly was refreshing. Good luck top everyone and have a great Holiday season. Joe
Thanks to everyone for their efforts to keep us apprised of the webcast. I'm pleased and excited about next year. I did predict no PR this time around but was actually surprised about the quantity of news coming our way next year. The Webcast seemed designed to inform us of the CES PR's and what is in store after that. This current Q, as predicted, is a bit low on the revenues but next year looks prime for profitability. And the PR's expected from CES should finally give the pps a chance to really take out the .62 high. I'm awfully glad I held my shares and doubled up at .14. Good luck to us all, I can't wait for CES. Not quite bouncing off the walls but I'm pretty happy about being in the position i'm in (long). Joe
Remember this post I made the other day, not to far off.
"The lack of volume and pps movement suggests a mixed bag of news this Thursday. I would not expect any earth shattering news that will propel the pps skywards. I do think we get some projections of future business and such but without concrete numbers and names of clients the pps is likely to drop Friday. Boo, hiss, blasphemy!!!
I base part of my predictions on the same premise as the ASM predictions that I made, i.e.; "Lackluster". Thursday ASM or Webcasts do not leave a lot of room for pps movement when you consider Fridays typically are slow trading days and reek with mediocre to bad news Vs Monday or Tuesday or Wednesday events which are typically set aside for good news. A PR would change all of this doom and gloom and possibly take this to a new high. But edig seems to be in a very quiet time with few PR's of substance lately.
Now having said all that, edig does look poised to continue the growth we have seen this past year. I am very excited about the prospect of very large OEMs. I wish I had more shares than I do.
I am posting my opinion only because the hype over this Webcast seems to be reaching a crescendo and may do more harm than good come Friday. I am keeping my expectations in check but remain very optimistic of edig and the future valuation of the pps.
Fire away, beat me up. I know this is not the kind of statements that people want to hear but, face it, edig is so bound by NDA's that they can only provide us with generalities. Also Keep in mind that the current Q is not expected to be very good in terms of the revenues. Waiting, holding but remaining cautious, Joe"
Or this post. Edig is not that hard to predict going forward if you look at the past. The CES hype has begun and will be awesome to behold this year as compared to last year. I look for some pretty decent action come CES.
"Not the best day to announce a PR (Fridays). My bet is tomorrow, if at all. The volume bespeaks volumes as to the sort of news we can expect. I suspect we see more volume tomorrow in anticipation of some news but w/o follow through back down we go (mid.40's). I'm sure they have something for us tomorrow but a PR is looking less likely all the time. Those of you who have traded for any length of time know that volume precedes announcements. Looking forward to the Webcast but not expecting a pop in the pps on Friday. Has anyone noticed how hard I'm trying to stay grounded and keep my expectations in check. Well, to be truthful I want to be surprised for a change. I have diligently tried to drastically reduce my expectations for tomorrow. Just a hint of something new and exciting will have me bouncing off the walls as opposed to just feeling the anticlimactic blues. Looking forward to our first big news and a massive run to the upside. Alas, next year is my bet rather than 2003. Heavy sigh!!! Joe"
Tomorrow should be interesting. I wonder how far we drop and how much we recover. Take care good people and hang on cause this ride has just begun. Joe
Not the best day to announce a PR (Fridays). My bet is tomorrow, if at all. The volume bespeaks volumes as to the sort of news we can expect. I suspect we see more volume tomorrow in anticipation of some news but w/o follow through back down we go (mid.40's). I'm sure they have something for us tomorrow but a PR is looking less likely all the time. Those of you who have traded for any length of time know that volume precedes announcements. Looking forward to the Webcast but not expecting a pop in the pps on Friday. Has anyone noticed how hard I'm trying to stay grounded and keep my expectations in check. Well, to be truthful I want to be surprised for a change. I have diligently tried to drastically reduce my expectations for tomorrow. Just a hint of something new and exciting will have me bouncing off the walls as opposed to just feeling the anticlimactic blues. Looking forward to our first big news and a massive run to the upside. Alas, next year is my bet rather than 2003. Heavy sigh!!! Joe
Boy this company is very very tight lipped, not a bit of leakage on the expected news tomorrow. The pps looks to have already reacted to the Webcast jumping up from the low 40's to the mid 50's. Sure would like to see some volume. The expectation is for something grandoise out of the Webcast but the pps and volume is not reflecting that just yet. Keeping my fingers crossed but setting my sights on later in the new year. Joe
Fred, postponement of F10 revenues per RP.
The lack of volume and pps movement suggests a mixed bag of news this Thursday. I would not expect any earth shattering news that will propel the pps skywards. I do think we get some projections of future business and such but without concrete numbers and names of clients the pps is likely to drop Friday. Boo, hiss, blasphemy!!!
I base part of my predictions on the same premise as the ASM predictions that I made, i.e.; "Lackluster". Thursday ASM or Webcasts do not leave a lot of room for pps movement when you consider Fridays typically are slow trading days and reek with mediocre to bad news Vs Monday or Tuesday or Wednesday events which are typically set aside for good news. A PR would change all of this doom and gloom and possibly take this to a new high. But edig seems to be in a very quiet time with few PR's of substance lately.
Now having said all that, edig does look poised to continue the growth we have seen this past year. I am very excited about the prospect of very large OEMs. I wish I had more shares than I do.
I am posting my opinion only because the hype over this Webcast seems to be reaching a crescendo and may do more harm than good come Friday. I am keeping my expectations in check but remain very optimistic of edig and the future valuation of the pps.
Fire away, beat me up. I know this is not the kind of statements that people want to hear but, face it, edig is so bound by NDA's that they can only provide us with generalities. Also Keep in mind that the current Q is not expected to be very good in terms of the revenues. Waiting, holding but remaining cautious, Joe
Even our "beloved" resident b-sher is willing to admit that edig's pps action is hard to predict. Heck she may actually be wondering if this is the time to buy in!
From another Ihub trader board.
Posted by: Cassandra
In reply to: lancebps who wrote msg# 12956 Date:12/12/2003 5:15:32 PM
Post #of 13043
lance: No mention that they may have to ask for an increase in authorized shares. If it becomes an issue, they plan to do a quick proxy requesting an increase (#msg-1806472).
The stock gapped up today because yesterday they issued an "alert" to those on their e-mail list about another web cast next Thursday (day before the S-3 deadline). Some are convinced that the web cast is going to announce a major deal. IMO, however, the web cast is damage control for the S-3 (they used the same tactic when the auditor resigned).
Might have some trading ops next week, but I wouldn't be surprised to see it gap down Friday after the web cast. I agree that without major news (or without the strength of trading groups like yours), the stock would be expected to drop further as the new shares hit the open market. But then again, this stock doesn't always behave as expected. That's why it's helpful to learn about level II and charting.
~Cassandra
Nice to see edig's action on Friday is still noticed by the traders of the world.
http://www.hotstockchat.com/stockpage.htm
Well I am all for big news and a big jump in the shareprice! Where do I sign and let the games begin. But the S-3 is likely next week and will surely place some downward pressure on the pps. If you are right and the news leaks or is in a PR and it is significant then look out we will rocket up but I'm unwilling to get my hopes up just yet. Take care and good luck to us both, me especially , LOL! Joe
Niz, we love your optimism! I don't think we will be seeing 1 or 2 dollars a share anytime soon. the pps is certainly moving up over time and the next plateau looks to be the 70 or 80 cent mark. Keep in mind that if we see significant dilution during the next week or so the news may not be enough to punch this up through 1 dollar. I expect some news but only a 20 cent pop at best. Just my gut feeling based on what we have seen this past 1/2 year. Joe
I do believe we will see an S-3 filing. What it will include is anyones guess. Joe
Check out EDIG premkt. Webcast next thursday. Big news is expected. Joe
Nah, Todd, he would have to eat crow first or buy a PC. LOL! Joe
Niz, the press and media coverage is coming down the pike at a later date is my guess though I would not rule out a PR next week. Looking for news and a higher pps. Joe
OT: My pleasure. the timing of this Webcast is significant IMO. It may coincide with an S-3 filing but it should also be enlightening as to the next couple of Q's. I'm pysched, this is a positive any way you look at it. Have a great Holiday! Joe
I just received this email in response to my questions about the Webcast. I asked why they needed a Webcast so soon after the SHM. This works for me, as some suspected the CC is to announce some new business developements. Yeah Baby!!!
Subj:
Date: 12/11/2003 8:08:16 PM Eastern Standard Time
From: robert@atcsd.com
To: xxxxxxxxxx
File: Unknown (1921 bytes) DL Time (42666 bps): < 1 minute
Sent from the Internet (Details)
Thank you for your e-mail, Joe. We have new business developments to discuss
in next week's webcast. Public announcements as well as press and media
coverage of e.Digital and our proprietary technologies and product platforms
are expected which should build upon the success we have had this year
delivering products based on our proprietary technology platforms to Softeq,
Hewlett Packard, Disney, APS, Alaska Airlines, large Asian OEM, Gateway and
others. Please call me at your convenience if you would like to discuss this
further. Thank you for your continued support, Joe.
Best regards,
Robert Putnam
Senior Vice President
e.Digital Corporation
13114 Evening Creek Dr. S.
San Diego, CA 92128
http://www.edigital.com
Phone: (858) 679-3168
Fax: (858) 486-3922
rputnam@edigital.com
Sure does look like one of ours. Could we have an OEM using the smaller drive. Things that make you go Hmmmmm! Joe
Nice find by Trend: http://www.gs-magicstor.com/english/products-E/cpyy.htm
Probably updating the site. One can only hope the site will have something new and exciting on it as this week unfolds. It would be highly prudent of management to have some sort of PR prior to the ASHM. Last year was a nightmare, this year we have products and more! The question is, will management have something to offer in the way of a PR. About friggin time don't ya think? Three days till show time and with a PR unlikely on Friday they need to be printing some press right off. If they wait till Thursday evening to share something, it will probably not be affecting the pps. Joe
Got a rise out of somebody! I just don't think we should go into the next few months with rose colored glasses on. Yeah, I'm pumped about my investment in edig but I refuse to be blind sided by this years annual SHM run or the CES run. Last year was a good teacher. Now on the other hand if we get some decent news all bets are off! I'd cut ya some slack if you posted you were just venting as I did. I am and will continue to make money off of my shares in edig. When you buy a ton of shares at .14 and it continues to go up all is good. Just a little news now and then would be nice, thank you very much. Joe
If we don't see increasing volume and a higher pps as the week progresses watch out below!!! The company has failed to provide enough news to wake me up, though the higher pps has been a relief. The typical SHM hype seems to be in short supply as well. I sure the heck hope they can at least have one new PR this week. The total lack of news of late is frustrating. OK, now that I have vented... I'm sure they intend to announce something new, Right? LOL!
Anyone following EDIG next week? Annual Shareholder Meeting is Thursday and the pps is likely to move starting Monday. Would not be surprised they announce something significant that pops the pps. Charts look very sweet for continued growth of pps. Good luck, Joe
Sweet view of our player on Gateway site.
http://accessories.gateway.com/AccessoryStore/Consumer+Electronics_381930/Audio_381931/MP3+Players_3...
Looking back through the charts for the typical run up before the SHM, (discounting last years, Ack!)we can expect to see some buying on Friday and a continuation into the next week. I expect low volume though. Just not enough hype prior to the SHM. Would love to see some news next week but won't be holding my breath. This is a most exciting time to own edig but boring as heck news wise. I'm betting we see mid to high 50's prior to the SHM and since the meeting is Thursday I really don't expect much of anything on a typical low volume Friday. I hope to be wrong but the hype for this show just isn't there. Oh sure we are hearing rumors of new airlines and such but without confirmation from management we will see little buying pressure. But all bets are off if edig finally delivers some news next week. This puppy is poised to take out the recent high of .62. Of course I'm hanging in there for a while longer in hopes edig announces something of substance over the next few months to a year. Have a great Turkey day!
No reason to think otherwise. The charts speak for themselves. The street has priced our stock at new consecutive highs these past 6 months and I believe they are onto something. Even the nonbelievers are beginning to jump onboard (at least for the short term) and the latest round of financing speaks volumes for the faith these investors have in edig's future. I say we begin to talk of this stock as a winner and prepare for a run to new highs as the year 2003 draws to a close. "And that's all I have to say about that"!! Joe
In all the years I have followed edig, never has there been this much to follow. IFE, JBP's, OEM's real and imaginary, F10, Disney, HP, wireless, unknowns, products, revenue etc., etc.,. What a ride it has been but for from where I sit it now looks pretty darn good as an investement in an OTC stock. Joe
I am frustrated with the lack of news as well. I assume they have the dreaded NDA's in place which prevent news from flowing as freely as we like. I agree they would be insane to not have something substantial for for the SHM. We wait, but not much longer. I'm satisfied with what they have done over the past year to clean up the Collier mess. The next few weeks could get very interesting. Joe
I realize nobody wants to get their hopes up but edig could provide us with some decent news over the next few weeks. It is entirely possible that we break through the new 52 week high and head into uncharted territory once again. I believe the SHM hype alone could take us back to .62. We have touched there twice recently making that a pps easily obtainable on hype alone. Throw in some news and away we go. Another thought, we have had no news to speak of for quite some time and the SHM was pushed back a month. Things that make you go Hmmmmm.... But do expect some selling tomorrow by those who misread the news Friday. Buying OPP., LOL. Joe
OT: LOL!! Woof! eom!
OK, since the pps will rise in anticipation of good news coming out of the SHM. My prediction for the day after is .62.
Nice to know they work with HP, Disney, Alaska air, GTW and others etc. etc..
emit, MH is trying to be funny. He is pulling the collective legs of posters on this board. Once again he proves he is full of hot air! Joe
Berge, this bodes well for the company and us going forward. I sure hope we get some news prior to the SHM. The continued dilution of the shares is unsettling but for once this might be followed by something tangible that affects the pps. Looking forward to the SHM and CES. Joe
Todd, this looks awesome to me: providing an essential ingredient necessary for closing significant new OEM business
The likes of MH and digie must be some frustrated to constantly post negatives on this board. I know it must really suck to not have bought this last spring in the low teens but time for you guys to move on. Some of us had the foresight to buy 10's of thousands of shares at that level and we do actually feel for you, a little, ok, ok, not at all. LOL!
Moxa, it sure has been awhile since we have seen news out of eDig. The pps action over the last 6 months has gone a long ways to erase the sinking feeling in the pit of my stomach.
I agree, we may see the high 40's w/o news but the chart pattern, if it repeats, shows a dip and then a another spike towards a new 52 week high this month into next.
FWIW, we traded at .58 now at .55 X .58 40,000 shares volume.
Another MM sitting at the bid. We may see green today after all. Joe