Replies to post #89055 on e.Digital Corporation (fka EDIG)

[rootus99]

You folks are not rational

For there to be a "run" there have to be buyers, and who please tell me is going to buy shares of this company given its history of disappointment and deceit, who?

Now we all know there are plenty of sellers anxious to dump this POS. literally an endless group of poor souls trapped in this roach motel, who will try to begin dumping out at the slightest hint of anything resembling a run.

But who is going to buy this POS in any volume sufficient to offset the roaches who are lined up to get out? It simply isn't going to happen. The days of a meaningful run for EDIG are long ago in the past. Once again, look at the charts.

Momentum players put their money into play in heavily traded volatile stocks, most of which they understand, based on due diligence, to have a genuine upside, so that in case they get trapped or decide to take a longer position, they have legitimate upside. That's where those guys play. Not in company that is winding down (look at the charts), with no liquidity, no upside volatility, no prospects, and a well-known history of failure and over-promising.

I hate to deliver this kind of reality check to you guys, but someone needs to be talking realistically to you folks.

JMHO

[wsidejack]

Ramyac: Not clear what you are saying here.

Are you saying he will be left out because he does not own the stock and therefore will miss out on the big run/big news that is rumored?

But yet you say "it would be a pleasure reading your post's after you sell"

Which means he does own the stock now.

I don't think you need to worry too much about Neverending. He has been a proponent of swing trading this thing for quite some time. Defined as buying at low prices when there is wailing among message board posters and then selling after a pop and the tone of posters has become euphoric.

wsj