News Focus
News Focus
Followers 11
Posts 5094
Boards Moderated 0
Alias Born 11/14/2009

Re: LGJ post# 86371

Friday, 01/30/2015 9:51:57 AM

Friday, January 30, 2015 9:51:57 AM

Post# of 93862
It is hard to justify an investment in EDIG unless you take some ideal snippet of the stock chart. If you time it perfectly and bought at the low EDIG is a great investment....but only if you make sure to sell and realize the profit before it slinks back down. EDIG would not get my extreme criticism if they did not have a 14 + year pattern of introducing something with the implications of potential so high only to have it result in almost no benefit to the shareholders. Seems like more than bad luck when it goes on that long. Many seem to feel having lawyers take on the EDIG cases is some kind of validation when tech patents are well known as fertile ground for lawyers due to their complexity. This complexity allows even weak cases to move forward. Settlements that are only a few thousand dollars are universally considered below nuisance value and this type of settlement is reflected in EDIGs financials. All this can be independently verified. Settlements where the side that settles does not even allow a PR mentioning them is not usually a good sign for EDIG shareholders being in the money. I think it is hard to defend the company. Most people are holding EDIG long term and that chart looks much worse. Here is the long term chart:

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today