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sunpoop

05/12/02 9:28 PM

#12146 RE: 2manyfatcats #12108

There are no short sellers: There are no "Long" EDigers selling:

I have been a broker and an investor for over 30 years. I want someone to tell me who would short a stock selling for $.40 cents? I have taken my chances in past but I never would short a stock with such a small potential on the downside and with the proven ability to wipe me out on the upside. Just one good piece of news could double the price of this stock from this point and there I am pushing a shopping cart looking for a nice doorway to sleep in.

And would someone please tell me what "Long EDigger" who has been around for awhile, endured the slings of outrageous forture, (a nose dive from WHATEVER purchase price) is STILL here because of a belief that this company has a vast amount of verifiable potential, is going to suddenly say after a very promising CC with NO HYPE ATTACHED, (IMO) "OK we are at $.40 cents, SELL!!!!! That man DOES NOT EXIST...Or woman, sorry!!

And what about a BLOW OFF. A CAPITULATION...Time will tell, but in my mind, NO WAY....Simply not enough volume to signal that...EDig has been trading 200,000-800,000 shares in the very recent past. Would you think that 2 million, once, is a Capitulation, a blow off. I don't.

So what are we left with? If you are a conspiracty theorist, you blame the manipulators. (I'm not) I have never met one, never known anyone who has met one and never had a verification from any source that "John Doe, who works for ABC Brokerage Firm, manipulated EDig for his own personal account by nakedly selling EDig at $2.55 on June 28th. 2001. Maybe some of you out there have. I am willing to be persuaded. I have read this board for a long time and am amazed at the intelligence I find here. I am also very impressed with the DD that is presented here, so when I say EDig has fallen into a predictable pattern, for whatever reason, and when any smart daytrader sees he can pick off a nickel or so, with very limited risk and does so, and THIS I have seen many times AND HAVE DONE MYSELF, then THIS is what is happening to EDig.

I am LONG and will be staying that way. I see toooooo much going for us in the near future. (6-12 months) I am putting my money where my mouth is by continuing my purchase of ownership in EDig. This company will make me "stinking rich" of thisI BELIEVE...

Frank