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Microcap & Penny Stocks : EDIS

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To: Tom Alan who wrote (1131)5/22/1998 8:53:00 PM
From: Paul Dickman  Read Replies (1) of 3043
 
I would think your right but there have been some very strange trading patterns. Maybe "they" have covered their shorts and are going to start acquiring a larger position. Today the activity was very strong with lots of 5000 share trades and a few larger. This is what you would expect to see in a normal trading pattern. It was all those 200 share trades that used to drive me nuts and make me wonder who was playing this stock and what they could possibly be thinking.

This company has outstanding potential. This is a solid technology. They have made an orderly transition from R&D to operations and created a motivated management team. There has been nothing but very positive news coming out about them since January and you would think that they would have doubled in price given all the good news. Oh, and while they probably should put out more news releases, I think that not having a hype news sheet three times a week is the right thing to do. Using minor events or non-news to keep the stock hyped up will hurt you in the long run with the Wall Street analysts.

I look forward to seeing this company become one of the "bell weather" stocks for the spatial information industry.
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