Joe: The longer it goes without the executive promised Lanier shipment, the lower it goes, me thinks. Right now anyone who laid monies down at last weeks high is staring at an ~22% loss. Indeed, the daily decline since last week has been very interesting to watch, albeit Tums inducing for some. Heh!
This ain't necessarily a bad thing, because a certain amount of retrenchment is to be expected and is healthy, imho. And clearly, observing todays action closely, sumbody's got tight control of EDIG right now. It's been ever so carefully walked lower, with today being(so far) another ~10% down day.
Me thinks this'll continue until a material event occurs. One caveat, the over-all market ain't exactly being all rosy, either, so to a certain extent I'm sure EDIG's being impacted by this, too. Now let's see if'n it can hold at, or above, its daily average(s).
John~ |
