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

To: Zbyte who wrote (664)	6/3/1998 2:19:00 PM
From: Jim B	Read Replies (2) \| Respond to of 2849

I think we all know what the end of the day will bring.. typical to see a penny stock when news comes out.. to 1) move up quickly in the morning.. 2) come down during the day 3) gradually climb back up 4) lots of buys in late trading 5) last few mins sometimes MMs take only the sell orders and tick it down just a bit.. but still closing up for the day.. then tonight people read the news.. and the thread.. they learn more about the company.. and watch for the big news over the next few days.. all the while, anticipation and interest builds.. and hopefully each day we find higher support levels... it'll be interesting to see how the rest of today and the week play out.. but like Brent said.. this really isn't a stock to just pop in for a day and then leave... imho and as more news comes out I'll be able to easier support my position on this, but I think this is a good long term play and not one to consider selling for just a few pennies profit. time will tell. jim