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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

EDIG 0.0001000

0.0%

Mar 20 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Curtis who wrote (5431)	6/9/1999 2:55:00 PM
From: Witold	Read Replies (1) of 18366

I bought at 1 13/16. I think that we are about the bottom. Here is why: the stock went down to 1.70 some time ago. It then recovered back to 2 and moved slowly up on increasing volume on anticipation of the last PR. After the expected PR the stock pulled back, stabilized and continued lower until it reached $2 today (the pre-news stable price). Because the market always overreacts in both directions, it pulled back to the current level, from which it should go up to $2 in the next couple of days (actually it should go to 2.25, pull back to 1.9, and finally stabilize about $2). Several days before the next PR the stock should continue going up on increasing volume due to the news leaks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next