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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: Dave Swanson who wrote (7575)8/30/1999 12:22:00 PM
From: sdr  Read Replies (1) | Respond to of 18366
 
the EDIG wars continue on RB------------------------------------------- Smakdaddy...such a fool

I haven't posted here in a while, because I have been long EDIG since February. You'd think by now that you would move on to a better momentum stock than EDIG, which is an obvious *hold* or *average-down*.

You should go over to Motley Fool where your feeble attempts at chart analysis will be appreciated. Or quote us VectorVest bafflegab. To try to read trends in OTC:BB stocks is about as useful as taking core samples of 10,000-year-old glaciers in Greenland to predict the next ice-age. Even if it's coming, it's centuries away so who cares? What we want today is realtime meteorological reports on the next tornado.

Five years ago the big board stocks could be successfully analyzed. Momentum took days to build, because investors read WSJ and talked with their brokers before deciding to get on the rally bandwagon. Realtime for the common investor has changed that even for the blue chips.

Boiler rooms were the precursor to the current message boards for building momentum in OTC:BB. You want a profit in this market? Just keep an eye on the combination of rumors AND volume...if you could chart those indicators you would be on to something.

In the meantime, save us your drivel. You are preaching to the choir about EDIG being a bargain at these prices. The newbies will come and go, and the longs will hold. EDIG is not a momentum stock for the time being, and when it takes off for real you better be hoping that you have some shares tucked away, because it won't look back.

(Voluntary Disclosure: Position- Long; ST Rating- Buy)