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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST

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To: Scott R who wrote (2341)2/11/1999 10:03:00 AM
From: chris431  Read Replies (1) of 18366
 
More than likely an MM transfer. Not unusually....I wouldn't be surprised if 1/3 of the volume we seen is MM movement to create volume. Common tactic to move up (or down) a stock (esp. BB).

To be honest, I see no more than shameless stock promotion. Does not anyone find the timing somewhat suspicious? As volume decreases, so does price. Hey, why not release a new press release with a higher target price? The only reason for the price upgrade was b/c the price movement realized....that is not a good reason.

Chris
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