Edac Technologies (EDAC)

[southacresdave]

Wade...if you look at the trading pattern it's all this morning for the most part. I figure the volume this morning is from those that are already aware of EDAC and wanted to grab some more. I'm not sure how many "new" investors stepped in today. Also, I doubt any institutions are involved much at all (due to the OTC status).

The company is attempting to increase awareness with their new approach to news releases (January's 4th Q preview, new order's #s from a couple weeks ago, and today's pr). All of these pr's aren't "fluff" ones either. Unfortunately, they release them late at night for some reason rather than in the morning or right after market closes. I'm not complaining too much though. It's better than silence.

I just think it's going to take time and patience for the full value of this stock to be realized. In the meantime, it provides an opportunity to nibble at buying more on any dips.

Dave