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


To: MaryinRed who wrote (9525)1/23/2000 11:29:00 AM
From: PartyTime  Read Replies (2) | Respond to of 18366
 
Good point. What is wrong with this stock? I've looked and looked and looked and found nothing. Absolutely nothing.

When I first began investing I got clobbered on a penny stock. Made the classic mistake: a) fell in love the the technology it was supposed to present to society; b) was lured by the cheapness and became deluded by all the money I thought I could make; c) became so impressed by the pedigree of management I thought the company could succeed at anything; d) rather than have this list go on, which is does, let me just say I thought my investment in this particular OTC:BB stock was wiser than what all of those Nasdaq analysts could possibly think.

End result? I lost eight grand. This rookie mistake nearly ended my then-short investing experience.

So having taken my lumps and with only 20 percent remaining from my original remaining I completely changed my investing ways. Wisely so. I quit investing in OTC stocks, learned how to play IPOs, QPs, the trends of various sectors, gained a better understanding of market makers and shorters, a whole bunch of stuff. Not to toot a horn, but to toot a horn I've done quite well.

So folks, given the OTC:BB status of EDIG, you better believe I looked long and hard at EDIG before putting my money into it. And I'm glad I did. Due to the overall history of the company, its substantive R&D initiatives and relationships with top-notch firms, I don't consider EDIG a typical OTC:BB stock.

Meanwhile, I don't think this has yet been posted on this thread:

ragingbull.com