InvestorsHub Logo
Followers 3
Posts 353
Boards Moderated 0
Alias Born 06/30/2016

Re: ramyac post# 89055

Monday, 06/26/2017 3:47:26 PM

Monday, June 26, 2017 3:47:26 PM

Post# of 93814
You folks are not rational

For there to be a "run" there have to be buyers, and who please tell me is going to buy shares of this company given its history of disappointment and deceit, who?

Now we all know there are plenty of sellers anxious to dump this POS. literally an endless group of poor souls trapped in this roach motel, who will try to begin dumping out at the slightest hint of anything resembling a run.

But who is going to buy this POS in any volume sufficient to offset the roaches who are lined up to get out? It simply isn't going to happen. The days of a meaningful run for EDIG are long ago in the past. Once again, look at the charts.

Momentum players put their money into play in heavily traded volatile stocks, most of which they understand, based on due diligence, to have a genuine upside, so that in case they get trapped or decide to take a longer position, they have legitimate upside. That's where those guys play. Not in company that is winding down (look at the charts), with no liquidity, no upside volatility, no prospects, and a well-known history of failure and over-promising.

I hate to deliver this kind of reality check to you guys, but someone needs to be talking realistically to you folks.

JMHO

Join the InvestorsHub Community

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.