Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The boards are all a flutter with postive posts regarding the next few weeks into the next 4 months. I think it is likely the pps will run through the .43 we saw just a short while ago. The past week was a pleasant surprise as we held the mid to low 30's after the Webcast. I'm looking forward to the next 4 months and expect a new 52 week high to emerge. It sure has made for a much more enjoyable time owning edig under 15 cents. Of course even those who averaged down hard into the drop last year will need a substantial run to get even, but it is certainly looking more likely. Joe
Thanks Tenderloin, Edig certainly looks poised for some similar movement. The volume maybe the stickler, I don't think we will see 20 mil days anytime soon. The volume should become significant as we get closer to the first week of Sept.
Would someone please post a chart of the time period of 1/1/99 to 4/20/99. I can't seem to post a link for others to see. The chart for this period looks uncannily like where we are now, just at the start of a very nice run. Something tells me we are in for a fun ride over the next few months. Good luck. Joe
Very large spread for a low priced penny stock but to be expected with extremely low volume. .31 X .35
As a reminder of how close management has been on predictions. I'm enclosing Sentinels synopsis of the Webcast held this past July.
Posted by: Sentinel
In reply to: None Date:7/24/2003 9:30:19 PM
Post #of 43193
A reminder from the webcast:
I just re-listened to the webcast, and it pretty much jives with what stone-mason was told yesterday:
(My own personal paraphrasing/interpretations follows)
Odyssey 15 GB unit...$299...expected in late Summer
Odyssey 40 GB unit...$399...expected in late Summer
Eclipse by Fujitsu Ten will incorporate VoiceNav with subsequent versions incorporating wireless, video, and games (which attributes and which versions not defined)
Eclipse by Fujitsu Ten expected to launch in current quarter (qtr. ending 9/30/03)
Most all OEM's want 1.8" HDD form factor
(Odyssey, as is, is already engineered for smaller form factor)
Atul has identified at least 2 potential patents they will be pursuing in regards to IFE.
IFE device launch PR's will come from APS as well as the airline involved. Product launch expected this current quarter
Headset end user to be announced in conjunction with launch/ availability of the product.
Current quarter revenues will be strong, equally or surpassing qtr. ended 3/30/03, regardless of whether Softeq/HP revenues are split between current and next qtr, or entirely in next qtr.
Quarter ending September '03 will be "tremendous", due to launch of IFE and Eclipse products, as well as ramping up of Odyssey program.
-------------------------------------------
If even some of that happens, the next couple months should be interesting. JMO of course. Off topic, does anybody have that post from Cassandra saying at what point she'll stop posting about e.Digital altogether? Thanks in advance.
With this many Q over Q increases in the bag we might actually begin to see some upward pressure on the pps going forward. At least one would expect that to happen. Joe
Fred, I'll take your guess, thank you very much. I would think that 1.3 makes us just about break even for the Q. Might even pop this up a bit on the news of 1.3 mil. So tomorrow we get the 10Q and webcast w/o a PR. The lack of volume this week has certainly broadcast the lack of a PR. No news no volume, though the 10Q might make for some good reading in the bathroom, lol! Edig is certainly cutting it close once again. The SHM and the next 10Q are reported all about the same time in Nov., just a few months away. I must admit I'm still smarting from last years SHM. I do believe we will have a better meeting and higher pps this time around. The revenue for next Q should be outstanding and certainly be worth a run towards the 50 cent mark. Good luck to all longs over the next 24 hours. Joe
Howdy Fred,
The buyers I referred too were certainly in evidence when you consider we rose off the new low of .23 up to .26 during the day. Also consider the fact that the new low held with some minor selling pressure as the day progressed. I suspect we have seen bottom and will begin to rise from here into next week. Look for continued buying pressure from now until CES 2004. Take care, Joe
Looks like we finally had some buyers come back in over the last 2 days. With the 10 Q next week in conjunction with the webcast we should see some renewed interst and a higher pps. So for those of you sitting on the fence hoping for a lower pps, forgat 'bout it and buy tomorrow. Good luck to all longs, Joe
Edig is about to give us the 10Q, one would hope a bit of news to go along with the 10Q as well. The amount of negative spin on this board is deafening and unpleasant at best. I still hold to the premise we get some decent news within a week or two. Call me crazy, you would be right, but I liked seeing edig run to the 40 cent range. It sure put some life back into the pps. So we came back down, the move to the upside will continue. Hey, I'll take 80 cents to a dollar. Who is bmpskr? Is this the same edig hyping poster who regularly talked to RP and shared every month or so? Joe
Todd, I do believe you are correct. No volume is bound to bring about a continued drop in the pps. Wishful thinking on my part but ya gotta stay positive at least as much as one can while the pps drops back to..... At this rate we may have to wait till The end of this Q for news. Joe
Whew, what a wait for some news! I suspect we will finally get some news over the next few weeks and a higher pps. The recent pop to .43 was quite refreshing and is a precursor to higher highs in the near term. It is great to see people still willing to jump on board even if they bail shortly thereafter. We wait, but only a little while longer. Buy tomorrow for the next run, IMO, (I bought another 5000 at .26 Friday). Joe
oT MH, LoL!! I know it looks bad at the moment but I'll bet this moves through the .43 within the next few weeks. Joe
Not in yet with new shares but about to pull the trigger in here tomorrow or friday. Could be news tomorrow, ya never know. Joe
The next few weeks to a month will be very telling. The 10Q is out by Aug. 15th with, I presume another Webcast, and maybe some news to boot. Low volume selloff is in effect but will bottom out at some point. See you at .5 and beyond. Very quiet in Poway with a new PR person sitting on her hands. News anyone. My guess is this week or next. Joe
About time for the naysayers to get back in. The pps has dropped down low enough ,for those who do not believe, to buy in before the next run up. We are very near the bottom of the channel and with even a hint of news this will break through the .43 without any problem. 5 to 6 million shares took this up and less than a million to bring it down. Where are all those shares that were not sold? I think most buyers of edig are very willing to hold until this has a substantial run to the upside. It matters not whether this runs up on hype or on real revenue producing news. Just as long as it runs to the upside in a big way will please me and many many others. Some long time posters thought we would be very lucky to see 50 cents by September, I think the .43 was just the beginning. Edig will have an extremely inflated value in the not too distant future just from projected revs/news/hype whatever, and who cares why anyway. Some doubted me in my purchases at .14 and now they will doubt my newest purchase at .31 or lower tomorrow. don't care, the trend is up and will continue. Just rambling as I wait for the next run through .43. Trust me, it is going to happen. LoL. Hey MH, am i crazy or what, oh yeah I am, since I post from an insane aylum. Joe
2 at bid one at the ask .34 X .355 70,600.
.34 X .345 57,000
Well if not rosey than why bother, many other stocks to invest in. I would assume you have a pretty positive outlook for your investment in edig. Sure I'm grounded and know this is a high risk investment but the recent run to .43 off my recent purchase of .14 is pretty convincing that this has turned the corner and will continue to move up, albeit slowly without news. Expect pullbacks and new highs, I do. Good luck to all longs, Joe
Friendlyfred, I believe you are right. The turnaround friday was significant and signals a possible return to previous highs. With news this week, if we have news, this could top out near 50 cents or better. The reasons for the significant trend reversal 3 months ago is most likely attributed to edig's dramatically reduced burn rate, increased revenues Q over Q and the future prospects. I am a little dismayed that edig does not have more news but this may be the calm before the flood of PR's, as seen in the past after a news drought. All JMHo. Joe
Murrayhill, did you pick up some edig shares yet? Nice move up off the bottom. What do you think about the very obvious trend reversal which started months ago? This will very likely have a significant run this year into next. Let us all know when you climb onto the other side of the fence. Joe
We will run on news just as those stocks did. How far up we go depends on the magnitude of what they release. I bet they release multiple PR's and this shoots up hard and fast. Joe
Gotta agree about the pause that refreshes. Volume is still intact and this certainly bodes well. We have many still buyers coming forward or this would have dropped a lot more today. The tremendous volume over the last 4 days has seen a ton of buys going through. few sellers evident and a possible Edig Thursday tomorrow. Either way we keep pushing through resistance levels and seem to be proceeding higher each week. The Revenue projections and large mystery OEMS are certainly making it easier to hold going forward. I would guess we see some news prior to the 10Q release in Aug. and would imagine we will take out the 50 cent mark by then. Good luck to all who hold edig. Joe
Might be a couple more days to this run, no news and down we go. Longterm this maybe just a blip but it is great to see this trend reversal hold so long. The newest buyers of this stock will be looking to sell and lock in profits soon and without news this will drop back a bit before the next leg up. good luck to all longs, Joe
OT: Anyone else been banned from the Digichat site? Joe
Edig has become a tightly coiled spring of late. The pps is poised for a lift off with any sort of news. Good luck to everyone! Ignore works by the way, Cass is like a faint memory! Quite refreshing actually. Joe
9miles, it is wise to temper ones expectations when it concerns edig's future valuations. The company has dropped the ball many times and must demonstrate a consistent pattern of positive change to turn peoples heads. Stay grounded, historically what little we have heard from Poway in the past has come to fruition. I do think the times they are a changing but until we hear otherwise this is all conjecture. As a side note, I believe we are in a very strong trend reversal that has all the earmarks of continuing into the xmas season. Joe
Dougal, this year is certainly shaping up better than last year. There is still a lot of unknowns at this point but the 10Q expected by Aug. 15th should be telling one way or the other. I would imagine the pps will move slowly upwards as the next month or so progresses. Good luck to us all, joe
The truth of the matter is, no one can predict where the pps will be if all that is known comes to pass. What is edig worth if the earnings per share is .02. Should be 50 cents to a dollar. I base my predictions on projected earnings/revenues for the time being. Also the fact that edig did not drop down substantially after the webcast is quite telling going forward. The trend reversal is still in effect. Now if the SHM is full of announcements like days of old with big names bandied about than the pps could easily spike over the dollar range. Keep in mind that many shareholders will sell into major spikes and curtail really giant leaps forward. Realistically the pps may continue to climb as the market moves if management continues to slowly disseminate information. Edig does not look like the edig of old any longer. They have products, decent contracts, and a much lower burn rate. I'm waiting this out as many many shareholders are currently doing. A dollar will look mighty fine but .35 is going to be a stretch until we some news. Oh, to answer your question, the pps could certainly hit $1.25 to $2.00 this year into the CES next year if they orchestrate the news as they have in the past. Just don't look at last years SHM or CES, Ack!! Joe
SSI, my guess $0.85 to $1.00. Might be a spike or 2 along the way. joe
Murrayhill, you missed a super chance for a two bagger. Buy stocks MH when nobody wants them, and if you bought edig in the low teens you would have been buying edig when nobody wanted it. When do you plan on jumping back in? Will you wait till it hits .3 or .5 maybe a buck? Good luck to you, don't wait too long, the train will be leaving the station this year into next. Joe
Howdy pre, it has been a long day. I sincerely thought we would get a bit of news today. Sure the heck want and expect one tomorrow! If we don't a PR than the webcast will probably fluff. At least we can expect some revenue guidance going forward. I do think the pps will continue to rise over time. Anyway see ya tomorrow. Joe
Thanks for your honesty and congrads on a 2 bagger. Joe
When I start to get negative to the extreme it is time to sell. Hey Seed, did you sell edig stock last week? Joe
Berge my sentiments exactly. This is an incredibly long news drought and is almost beyond belief for an OTC stock. Amazing how patient we have all become. My guess, since the Webcast is Tuesday, we will see a PR Monday or Tuesday. If they try to go another month w/o a PR the natives will be sure to get mighty restless. Management cannot sincerely hope investors will sit idly by while they continue to work undercover. Typical edig fashion to wait till the last minute for 10k's, news, etc.. Might be wishful thinking on my part but the odds are in our favor for some news this week. Joe
Hey, I'm just staying positive since this has been a difficult stock to stay in these past few years. It does finally look like we are turning the corner. Sure would like to see something from Edig to crow about over the next few days. Berge, LOL! Good luck to us all! Joe
The month is nearly over and tomorrow is edig's last day to announce there expected news about HP/Softeq. I expect a PR tomorrow and some upward pressure on the pps, possibly breaking through the .33 we have already seen. The webcast on Tuesday might be more interesting than people think. What of the higher Q over Q revenue numbers, might be a surprise there. Please tell me some of you on this board are very pleased with the recent trend reversal. This bodes well going forward. I do not expect the pps to lanquish under 50 cents all summer long. To much is going on behind the scenes which will eventually trickle out as news. Cheers, Joe
The run off .125 began long before those shares were sold and the volume suggests many old and new investors coming on board. The good news is we have no more than a week to wait to see how this plays out. News of the significant variety anyone?Joe
I would assume most here have noticed the higher highs and higher lows these past few weeks. Or how about the increasing volume. The 10k/10Q comes this week and the webcast comes next week with news. The pps will fall on the 10k and rise on the news next week. Enjoy trading if that is what you do but this run up looks to be the beginning of a longterm trend reversal and the only way is up. This is 1/2 way through the year and very little is really known about what is going on and coming. But after months of silence I suspect the gates are about to be opened. This is not a contrived run up, not with this volume and not with the extended run from the bottom off of .125. This is a honest to goodness run on increasing revs and expected news. The news will be decent and probably help sustain the pps after the initial spike and subsequent selloff, IMO only, but from all that we are involved with the news is bound to be awesome. Mystery OEM anyone!!Good luck, Joe
I'm sure glad I doubled my position at .14. This wonderful trend reversal is real and defined. This is unlikely to be a false move up, more than likely a sign of the future. The "Market" has priced edig at .30 today up from the lows of .125. This is a super looking stock going forward based on charts, pending news, contracts and mystery OEM's with a little etc. thrown in. Tomorrow and Thursday should be fun to watch. Any one wanna bet we see $1.00 this year? Very likely at this rate. Cheers and great to see old friends posting again. Joe