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johny over my entire investing career with edig ,i was one of the lesser count investors who did very well . What saddens me is the monumental loses suffered by unsuspecting neophytes .I truely hope that one day their sunshine will break thru for them with edig
Gandalf18 that is truely sad or maybe they have inside info .LOL
Bob regardless of what he said ,my other post spells out why I have no shares in edig ,at this time .As you know ,I was very heavily invested . My point & based on fact is that FF & RP have done nothing "Zip" to enhance share holder values . Not once have they even had a profitable month . Imo their excuses fall on deaf ears . The only people making any money on this stock are the swing traders & shorts . It's truely a shame that both FF & RP have not been taken to task by a coalition of share holders .Even going so far as asking for their resignations . Yes ,i know what would be left .Well that is a real delema then .
friendlyfred FWIW I can see the pps droping below .20 . The sudden shocks are vibrating thru the investors as we post .JMHO
You have made a very valid observation & post .
A Great Good Morning Everyone .I read the posts & can see both sides . However ,whatever the current management says ,relates thru share holders ,ie isn't imo worth very much due to their lack of creditbility . Over the many years I have personally seen one failure after another .Current management has yet to put together at least one profitable quarter .
As I said in a earlier post ,I have no problem with edig technology .But ,I do have a problem with FF & RP non performance in delivering profits & ROI to their share holders .I will gladly consider reinvesting into edig stock ,if & when there is a turn around .Again IMO that type of turn around will be with a different management team .The current management team has had a whole lot more time than any share holder group would allow for other tech companies .
It's about time that FF & RP "STOP" paying themselves incomes from huge share holder loses .
Good Night Folks .Wishing All true longs a decent ROI . When FF & RP decide to step down & this company has real profitable growth ,I will re think investing in edig stock .I sold not becuse I didn't believe in edig's technologies ;but because FF & RP have continually let me down . Just once ,I would like to see them turn a quarterly profit & stop living off of investor loses .Again JMHO
Old Drummerman you also make valid points .But alas this is the stock market or in this case "managing ones money on the crap table "JMHO
Agreed Doni eom .
Adding to my post .It seems as though Furman is abandoning the ship ;because ,if edig was on the verge of major break thrus ,he would stay to share in the glory & braging rights . This is just my opinion .
Doni wasn't furman responsible for all that high debt ? .Seems to me he is exiting at a time that if & when EDIG makes a growth move or is he telegraphing another thought ?
Question read about Ran furman's departure .When does the next shoe drop ? It is apparent the investor mood turned negative on this news .
Well here is the summer .so when will the good news break ? Or is it the same old string along by management ?
hope it isn't another yes it's coming but we don't know when
yes But the bottom line is not good . Top line growth & bottom line loses simply won't cut the mustard ,imvho
Hello Bob Good luck . The 10K looked weak . Yes news of substance could reverse the pps trend . Watch the traders lol
Hittin them good CD . Profits = the oil to run the machine ?
Trend where is the next bubble ?
Hey guys & gals
Whats making edig pps go up .Somethings actually going to happen ? Will those things bring in profitable sales ? So whats the good news ?
Hello folks . Is there anything new or is there anything on the edig horizon that will get this puppy growing ,other than what has been covered over & over ?
no friendly .The calls are for the Big board stocks .
TKX NEWe.LONG for your honest reply . I wish you the best of luck with your edig investment .
chwdrhed add some gold & selling calls ,to it . At my stage in life ,I wanted --the markets provided the timing ,for those returns . For those in their 30s 40s 50s ,they have the time & hopefully the finacial where with all ,to take advantage of the next opportunities . Yet timing is crucial & I did get guidance from several very reliable sources .
Good luck to you
Hey Bob for the sake of the true longs ,I hope that revenues do in fact expand & from them profits are realized .
Should that occur ,I do feel that the current management should step aside & get those that can take edig to the next level .
chwdrhed yup .The proceeds plus other liquid assets has more than tripled what I invested . The investment vehicles had far less risk & a faster ROI .
LOL Andy guess my muscles get in the way LOLLOL
Newe.long I agree that there always has been potential with EDIG .However ,since day one there has never been one qtr of profit . Current management has been able to increase the share base & thus able to use this money to stay afloat . But any one on this board must agree to the fact that edig must start turning profits based on expanding revenues .
Therefore ,really nothing fundamentally has changed ,since I liquidated all my shares .
EDIG is a high risk stock ;which imo will take a whole lot of product acceptance for them to gain a solid profit base .
This is not saying it couldn't happen .but ,with the track record of current management ,there is added risk
These swings in the pps over several days ,to me looks like traders taking money off the table . IMO until edig posts profits from a expanding revenue base ,this trading is the only way to make money .
overdue TKX for your support .Now ,I need to get over to the gym . Ya know it is important to tone that bod . Have a great day to you & all .Best of luck to all true longs .
BTW I really like the possibilities of edig .When they show me the money ,I will own enough to count again .Take care & enjoy one day at a time
Tenderloin . Todays business section here in the San diego Union cautioned investors about buying stock of companies who filed for BK protection .It usually winds up in that those who buy those shares in up with $zero dollars
Gil I understand your logic .By the same token ,the 1.1mm needs to show profits from expanding revenue streams .Otherwise the company must print more shelf shares to stay in business .Hope for those true longs that doesn't happen .It is just that I am a bit apprehensive because of all those past failures .
To gain the creditability & the eyes of the investor ,edig must turn profits & not sell shelf shares to finance future operations .
overdue what I was pointing to is that edig needs profits from ever expanding revenue streams .I be the first person to reinvest ,regardless of the pps ,if I ever see those profits in a sec filing . Yup to me that is what I need to see .
Todd the 10Q will show how the funds are used .I don't "assume " anything .
DABOSS who would have imagined just 5 years ago that the very large companies whom I mentioned would file for BK ? Thus ,what profit earnings ,in hard figures ,does edig show ,to stay in business ?What ,I can tell you for sure is without profits from a large revenue stream ,the pps will dwindle down .How can it sustain a increase forever without profitable revenues ?
DABOSS I understand both sides very well .However ,the company "MUST" turn profits in order to stay in business & keep operating without printing & selling shares to maintain their life styles . Thus ,when will edig show any qtr profit ? and what will cause it to show a profit for that qtr ?
UAL ,Kmart ,World Com ,ie filed for bankruptcy .These were mark caped in the multi billions . Share holders of these companies get screwed & left with $zero . Thus ,when will the money run out at edig with out prifits ???
What is todays monthly burn rate & how long will 1.1 mm last without profitable earnings ???
Cassandra please read my post to HH .Imo very negative .eom
Hollywoodhills simply stated ,this stock is & has been manipulated & not for the good of the hard earned money of those longs who keep their faith in this management team .This is my opinion .Ihave not & do not short this stock .
Dillution of shares & their value never helps the true long share holder . It helps the trader/hyper allways .
One day that type of going around sound business practices will ,imo be considered illegal .But at this moment in time ,the authorities have not mandated that to law .It is really a license to steal without a gun .so no jail time .Too bad
chwdrhed because the gold price up was a given & much more a certainty with a declining dollar ,war ,ie . EDIG moveing is so much downside risk .If a person holds ,they are not going to make money in this micro jungle .
Cassabdra yes ,without a doubt .eom