e.Digital Corporation(EDIG) - Embedded Digital Technology Message Board

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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

EDIG 0.0001000

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Mar 20 5:00 PM EST

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To: InOverMyHead who wrote (5414)	6/9/1999 12:45:00 PM
From: John Curtis	Read Replies (1) of 18366

InOver: Ohh, yeah, it's gathering steam all right.....to the down side!! The bid just broke $1.90. I've got to say I've been watching the tick by tick action on this "thang" over the past few days, just to get a feel for the "table". Man, the "dealer" certainly has control over this puppy. It's been a relentless move to the downside just about every day for the past 2 weeks. A slow, ceaseless set of lowering the bid(with size invariably at 5) a penny at a time. I figure folks will start getting nervous about now, watching all their paper profits evaporate, and this'll only aggravate the downside slide further. I'll have to say I'm impressed. It ain't often I get to watch a stock lose 50% of it's value in two weeks time, much less the possibility looming on the horizon that it'll lose close to ALL of its recent runup(I'm guessing of course, but there's nothing fundamentally holding this stock up....so once the news pressure evaporates.......). Now down to $1.81 x $1.84...yup...slide is DEFINITELY accelerating.. John~

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