InvestorsHub Logo
Followers 1035
Posts 54441
Boards Moderated 0
Alias Born 03/29/2004

Re: l2 hunter post# 1197

Sunday, 11/18/2018 3:37:03 AM

Sunday, November 18, 2018 3:37:03 AM

Post# of 1509
I keep stating that EDGE is basically trading in lock step with it's dwindling cash reserves.

They have essentially halted operations, disposed of their clinical trial staffing, affording them all generous severance packages and haven't issued an update in months.

This was a good TRADE

I traded it many times

But now its looking real dicey unless, as you state, a merger partner or takeover entity is announced - if ever.

Many times these company's just run out of cash or take themselves private if they have no intentions of raising capital via the capital markets

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.