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


To: InOverMyHead who wrote (9355)1/17/2000 10:00:00 PM
From: Richard Monahan  Respond to of 18366
 
IOMH: About the diminishing float,W A R N I N G !!! All DAYTRADERS and Short term holders

W A R N I N G F O L L O W S
The Webnoize article confirms you are at a greater risk of loosing money by selling e.Digital shares than you are if you buy them! Why?
The pool of loose EDIG shares is quickly drying up as many thousands of shares are acquired by firm hands with an eye on the long term. IMHO Very shortly YOU will no longer be able continue your quick flip ( a daytraders dream up to last Friday), because you will find yourself on the sidelines watching your sell price become a distant memory as it is past by, just as 3.73, and $5 were and now $8 will be.

Be WARNED.

$8, $10, $12, $20 will be considered a bargain very soon.



To: InOverMyHead who wrote (9355)1/18/2000 6:00:00 AM
From: R. Bond  Respond to of 18366
 
>>The runup happens when it becomes fact.<<

Not always. I have seen instances of stocks experiencing increased volatility 3 or 4 days before the change takes place. That's not to say that nothing could happen after the fact. Just be on the lookout for MMs looking to generate some income ahead of the big day.

Cheers,
Bond