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Microcap & Penny Stocks : EDIS -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus who wrote (2429)	12/31/1999 7:52:00 AM
From: Tom Allinder	Read Replies (1) \| Respond to of 3043

Lazarus, If you are a paid promoter of the stock then you need to be here posting away... I am not a paid promoter. I have sold most of my position. I owned at around .20 and you bet I am going to take a profit. I am around to post here on SI in the early phases of stock movement. I will occasionally post DD on stocks. I give opinions about stocks and why they move/will move. Once the runup starts, then the stock cannot be influenced one way or the other by my posts. It takes on a life of it's own and the audience gets far larger than SI/RB. EDIS had the huge runup in early Dec... it needs to consolidate. No matter what I or any other "guru" says or no matter what the company puts out in the form of news, the stock will consolidate. Stocks cannot continue to go up, up, up.... PERIOD... stocks cannot be forced to go where they can't go... this is the reason I sell a big portion of my position when the stock spikes to the upside like it did earlier this month. The growth phase is overtaken by the irrational overexuberance phase which then must be followed by consolidation. This is why I will hold positions through the uptrend or growth phase but will sell a bunch on a spike. When they spike, they are done for awhile and I will put my money to work elsewhere. My opinion: The stock will consolidate between 1 and 1.50 then move higher by mid to late Jan. MY OPINION. I am buying my whole position back anywhere between 1 and 1 1/4. Tom