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


To: ackbh who wrote (1200)6/22/1998 7:40:00 PM
From: Dwayne Hines  Respond to of 3043
 
Great to hear the news - that sounds really good. Thanks for keeping the thread alive, and good reporting. It is often hard to stick with these micro-stocks in quiet times, but quiet times are the best times to buy. Buy when things are quiet, sell when everyone else starts buying. I am learning the best way to handle the pennies is not to panic when things go flat for awhile. For instance, I was into NYRR at about a 10c average. It dropped even further, to 7c, and was flat and quiet. I bought some more at this point. Suddenly it took off, and got up to just under 50c a couple of weeks ago. I hope that EDIS will be able to do something similar.
Regarding the posts about the president unloading some stock when it went up - that's human nature. As I read the situation, he had been working without any real pay on EDIS (for 12 years, not 10) and if you average out what he received over 12 years it is not all that much. Also, there is a tendency in human nature to want to repeat a good situation, and he must be motivated to do it again. So let's hope there is a repeat of going over the $1.80 mark. I don't care if he repeats the situation because we could all benefit from that.