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Re: Edigokie post# 15329

Tuesday, 09/10/2002 11:43:24 AM

Tuesday, September 10, 2002 11:43:24 AM

Post# of 93821
Okie, A serious question for a serious man::: With the price of Edig at $.47 a share what "serious long" would sell out at this time? In my mind I could envision a serious long just losing interest, go fishing, or whatever and consider his investment "poof". For the life of me I do not see that person in at a much higher price, as most "serious longs" are, selling out. First of all you would have to accept a large loss and unless you had a substantial amount of shares to return "serious" money it would seem to me, (at least this would be my plan) to just hold it. (As I did with NCII for 9 years before my ship came in, and it came in big 2 years ago)

I guess what I am trying to say is I see no reason to sell a stock you have already written off and that would return almost nothing to you in a real sense and almost nothing to you in comparison to you original investment.

So I don't see one single "serious long" getting out (unless he needs a few bucks to go fishing. Heck the downside risk is not that great while the upside is limitless...Why not just hang on?

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