SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: PartyTime who wrote (14357)8/23/2000 12:46:35 PM
From: Jon Tara  Read Replies (1) | Respond to of 18366
 
Yes, you are putting words in my mouth, PT.

I made no characterization of the size of the EDIG cult. You implied that I did. Nor did I say that there were no "true investors" in EDIG. You implied that I said this. In both cases, this is putting words into my mouth. I didn't say this, plain and simple.

Go ahead, take exception of my use of the word "cult", though. And I will stand by it. Regardless of whether some people find it insulting, I think it is a fair characterization of many EDIG shareholders.



To: PartyTime who wrote (14357)8/23/2000 12:50:57 PM
From: Jon Tara  Respond to of 18366
 
PT, I report (and in the case of non-OTC-BB stocks) act on what I see, not what I'd like to see.

Many, many investors have difficulty doing that.

So, I take exception with your statement that "it's not difficult to take credit for saying a stock will go up after it issues a noteworthy press release".

As you know, companies often issue a noteworthy press release, and the stock goes DOWN. And, other times, the stock moves so quickly that it is impossible to get in at a good price.

I noted a press release that I felt was tradable, and it was. If you were able to do the same (recognize the difference between tradable and non-tradable news) perhaps you might have done better day-trading EDIG when you attempted it?

I don't see why you have so much difficult admitting that I was right - again.

BTW, just for the record - WERE I day-trading EDIG (which I am not - I have NEVER traded it, period) I would be exiting here, at 4.6875. Entry at 4.0. Not a bad profit for an hour or so. Will it go higher? Dunno, but a day-trade is a day-trade, and 17% is a good enough for an hour's work.

WERE I trading for a longer period (which I wouldn't, because what I do is day-trade) I think I might hold it longer - probably not a bad entry price.



To: PartyTime who wrote (14357)8/23/2000 1:11:14 PM
From: Jon Tara  Read Replies (1) | Respond to of 18366
 
PT, how much EDIG did you buy this morning at $4?

Did you take advantage of my call?

Just curious.