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


To: PaulB who wrote (908)6/8/1998 10:40:00 PM
From: Ken M.  Read Replies (1) | Respond to of 2849
 
Guy's this is going to happen, as the stock starts to ride up and down, alot of neg's are going to come out in an attempt to drive the stock down. Just remeber the numbers and stay strong with that knowledge.
Also just a couple of more things, in 1995 Intile Designs had a six million dollar line of credit, now according to SEC's form 8-K filed by IDES, they stated that "the proceeds of the sale to EDII will be used in the restructuring of the company's senior debt on terms more favorable to the company". Now I'm not saying they are drowning in debt, as a matter of fact it is very small compared with their income, but jmt was wrong when he said they were debt free. Now I'm just spec.'ing here but even if nothing happens between EDII and RENN we still are sitting prretty.

Also RENN who's company staement sounds a lot like EDII's, stated in their march SEC Mgmt Discussion, they stated that an aggressive search for potential investments is ongoing, so I still think RENN is going to involved in this big news due to come out. They also stated for the quarter ended march 31, 1998 they paid out $2,421,369 in dividends, so if we do get hooked up with RENN we will really be sitting pretty.



To: PaulB who wrote (908)6/8/1998 11:21:00 PM
From: findstock  Read Replies (3) | Respond to of 2849
 
Well finally I can post and I have alot to say, first I am in the biz, and I have some situations to discuss, first I have seen post after post saying that you people are long the stock and hold and don't sell, and then I read a post the very next time I look up that someone with REAL TIME QUOTES is giving out the bid and the ask.....like the commercial says GET REAL.....long and hold means just that it does not mean you watch the stock tick by tick to me the main problem with pennies is that getting info or DD is hard to do, and its why there is so much confliciting info.....and it is impossible to tell important information such as the exact number of outstanding shares the float, or the number of shorts, ect ect...what you can do is what Ken and others have done is to DIG out solid information and try to assimilate if this is a company you wish to invest in and you hope that the stock will go up.....from the info I have seen I don't see 4 or 5 dollars a share but rather about 1.50....probably in about 30 days or so....IMHO....but then again, BAAT went from .07 to 3.25 when they were shown to have 5 dollars in the bank from 1997, and PLFM went from .18 to 1.90 with no real news to support the rise...but this is a good compnay with good fundamentals, so if you are going to hold for a while you don't need to watch every trade.....long term means just that....if the stock goes to 1.50....take a little profit and let the rest of it go.....I think longer term....8-12 months with the right things happening EDII can be a 3 to 5 dollars a share stock...also as i mentiong to Ken, with all this postings about George from EDII, he is now not giving out any info, as I believe he has been told to limit what he says....EDII is going to do well but we need to shed this view that the stock is going to explode any day now, I will take a slow up and down progression to 1.50 any day of the week...