InvestorsHub Logo
icon url

handyhintz

05/11/02 5:47 PM

#12107 RE: cicero #12106

but cicero; what's the point? they're in this to make money, i'm sure; but they seemingly would only be making money on themselves if the price never goes up. even if the price miraculously recovered tomorrow; thyat's a long time to hold all the chips. also, there is the chance the shareprice will not rebound(heaven forbid).

icon url

2manyfatcats

05/11/02 6:38 PM

#12108 RE: cicero #12106

cicero - I don't believe for one minutes that the MM's will short e.Digital into the ground.

Someone may try to short a stock to the point of buying further discounted shares or because they believe there are problems with a company. It takes a considerable amount of money to manipulate a stock such as this. Naked shorts in this stock, perhaps but there is so much attention brought to this stock that I believe they wouldn't get away with it if they tried. There are many astute shareholders. Unfortunately S3's can do damage to a stock. This one is over and hopefully the shareprice decline is too.

The conference call gave shareholders good guidance with new announcements coming. Profitability in the cards that could possibly be reached this year or early next. Collier has a sound business plan that he is executing.

Shorts have to cover and there is nothing like the smell of shorts burning...lol

I have patience. My hope is other longs can wait out the turnaround and not get too discouraged. Whether we have been shorted, shareholders tired of the wait or who really knows, I hold.