e.Digital Corporation (fka EDIG)

[Cassandra]

niz: Answered that in #msg-1787813. Now I would appreciate your explanation of what you meant in saying that traders "know" that EDIG is a "cult stock" and that they will hop on for the ride as "hype" will carry it to higher levels.

Sounds like you're talking about a pump and dump to be perpetrated on members of an EDIG "cult"? Who are the cult members? Are you referring to enthusiastic EDIG longs?

Who is going to be pumping the "hype" that will take it up? You? Traders? Paid promoters? Who?

What is expected to happen to the "cult" members when the momo traders take their profits?

Many EDIG longs were burned by false hype back in 1999/2000. Savvy traders, stock pumpers and insiders took profits at ridiculously high valuations, while many longs were convinced to hold and are still holding today, having ridden it down, often far below their buy-in price.

Hopefully you're not suggesting that traders are going to engage in hype to boost their trading profits.