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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: chris431 who wrote (3363)4/29/1999 5:19:00 PM
From: Jules Burke  Read Replies (2) | Respond to of 18366
 
Christopher, who do you think is your typical buyer (demographic type) of EDIG at this point?

I have been watching the tape on this stock very closely this last week (and somewhat closely since January) and have see the average trade at around 1500 shares since Monday. It takes a lot of these tiny transactions (when 1500 is the average) to total the type of volume we have been seeing.

I have had zero problems buying larger sizes--5,000 and 10,000 share chunks/blocks in one complete transaction...so that's not the explanation.

So this begs the question, what type of investor is buying up these small portions.

Any opinions?




To: chris431 who wrote (3363)4/29/1999 5:48:00 PM
From: Walter Morton  Respond to of 18366
 
By the time EDIG files again with the SEC float and shares outstanding will be totally different.