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Re: Sinkman post# 12765

Saturday, 06/08/2002 1:15:02 PM

Saturday, June 08, 2002 1:15:02 PM

Post# of 93820
"....The most positive aspect is that at least someone is still willing to support us through the purchase of our stock. They sure can't make any money buying at .53 & .38 while the current trend continues."

I think they are making lots of money by selling "short shares" borrowed from unsuspecting longs via MM's. For example, if the "equity investor" began naked shorting at $1 or so, and closed the position by purchasing the promised discounted shares at about $.45-$.50, that is making money, IMO. Similarly a short position established at close to $.60, a week or so ago, will yield similar profits when that position is closed at say $.35, with more discounted shares direct from Edigital.

They can, and will continue doing this, with a grateful green light from the company, as long as they choose.



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