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Microcap & Penny Stocks : EDII

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To: Needticker who wrote (1183)6/15/1998 4:49:00 PM
From: Ken M.  Read Replies (1) of 2849
 
People, cna anyone tell me why it is that we have better news in this company today, than we had 2 weeks ago, ahen the stock was up to 80 cents a share, and today after positive news the stock drops to 44 cents. This screams of selling on emotions. News that comp. plans to make 900 million this year, does not come out, and people see a few negative remarks on a thread, and the stock has dipped, and BAM i don't want to be holding worthless stock jumps straight into their mind, and no matter what they are going to lose by selling, they sell. Like I said nothing negative about this company has come out since it was selling at 80 cents, so hang tight, it will go back up. Also, had this been a scam, don't u think that major shareholders of the company, would have filed to sell their stocks, when it went from a few cents a share to 80 cents a share. I have the capability to check on insider selling, and not one person affliated with EDII has filed(as required by law) to sell any shares of EDII at all. I really think the people who bail today, will be sorry tomorrow.
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