True, there are little puddles of hate on this board. But a cesspool? I don't think so.
Most of us just have grown weary of waiting. The future prospects of this company are dim in the most generous assessment. And by "future prospects" I don't mean existence. I'm sure e.Digital will find a way to keep the doors open for years to come. I mean profitability to the point that shares with an average cost of a couple of bucks or more would be in the money.
It was a bad investment in the summer of 2000 and it's not a very good investment today. And for the record, it wasn't a good investment in the fall of 1999. It was a fabulous trade. Nothing more. But you had to make two good decisions to have taken advantage of it.
While I'm at it, that's the difference between an investment and a trade. An investment only requires one good decision usually. The selection of a growing company, preferably undervalued. After that it's just a matter of how to use the equity when you're ready for it. A trade, on the other hand, requires two good decisions. When to get in and when to get out.
IHub Moderator Ethics - It's not an oxymoron.
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