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: J.N.N. who wrote (16345)12/2/2000 5:49:41 PM
From: Jon Tara  Read Replies (1) | Respond to of 18366
 
J.N.N., daytraders won't touch OTCBB stocks.

Poor liquidty, no margin, and can't short them.



To: J.N.N. who wrote (16345)12/2/2000 5:54:18 PM
From: Jon Tara  Respond to of 18366
 
I have no knowledge of EDIG doing anything illegal or unethical.

I simply think that they were the unwitting recipients of a windfall in market valuation due to a manic bubble in the market.

At the time that EDIG ran to $24, the OTCBB was experiencing a historic run in price and volume, as the public moved into more and more speculative vehicles, just before the bubble exhausted itself.

Not only did EDIG have no reason to go to $20+ at the time, it has no reason to trade at $2.50 now. It will settle back to a more sane valuation under $1.