RAW said he was just looking for news and a reason to re-enter and he said if it was at $2-3 at the time he did not care. So I understand that---not how I am playing it, but RAW is good at what he does. If he wants to redeploy his money or have lots of dry powder that is okay with me.
He is probably awaiting the annual meeting or next conference call to find the news/events that will get EGMI Propelled upward. For today, the news while good, the volume is weak. Although up on low volume with NITE on the BID and far off the ASK is a positive sign.
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