Why? The answer is self-evident.
1.) Fifteen cents to zero is the same 100% return as fifteen dollars to zero.
2.) It is extremely probable that e.Digital will go to zero, or some variant of zero - like $0.005.
Therefore I submit that e.Digital is a better shorting opportunity, offering superior reward relative to risk, then many companies in the universe of Nasdaq and NYSE listed stocks.
All the trouble of going off shore? Trouble meaning faxing some paper work?
In all honesty I will be satisfied when e.Digital finally gives up the ghost and drops to it's fair value of $0.00 per share. I take no issue with the corporation or many of it's shareholders however the management team consists of unscrupulous individuals focused entirely on enriching themselves even if it requires violating the fiduciary responsibilities owed to the company's shareholders. As the past five years have fleshed out, they could careless about running a company focused on increasing it's intrinsic value and worse they lie, distort and obfuscate in an effort to disguise this fact. They are classic penny stock swindlers.
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"I disagree with everything you say. But I will defend to the death your right to say it." --Voltaire
