The lack of volume and pps movement suggests a mixed bag of news this Thursday. I would not expect any earth shattering news that will propel the pps skywards. I do think we get some projections of future business and such but without concrete numbers and names of clients the pps is likely to drop Friday. Boo, hiss, blasphemy!!!
I base part of my predictions on the same premise as the ASM predictions that I made, i.e.; "Lackluster". Thursday ASM or Webcasts do not leave a lot of room for pps movement when you consider Fridays typically are slow trading days and reek with mediocre to bad news Vs Monday or Tuesday or Wednesday events which are typically set aside for good news. A PR would change all of this doom and gloom and possibly take this to a new high. But edig seems to be in a very quiet time with few PR's of substance lately.
Now having said all that, edig does look poised to continue the growth we have seen this past year. I am very excited about the prospect of very large OEMs. I wish I had more shares than I do.
I am posting my opinion only because the hype over this Webcast seems to be reaching a crescendo and may do more harm than good come Friday. I am keeping my expectations in check but remain very optimistic of edig and the future valuation of the pps.
Fire away, beat me up. I know this is not the kind of statements that people want to hear but, face it, edig is so bound by NDA's that they can only provide us with generalities. Also Keep in mind that the current Q is not expected to be very good in terms of the revenues. Waiting, holding but remaining cautious, Joe
Buying is the easiest thing to do, now learn how to sell!
