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Microcap & Penny Stocks : EVDS Environmental Digital Services, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Due Diligence who wrote (504)5/2/1999 1:04:00 PM
From: Tensane 1  Read Replies (1) | Respond to of 718
 
DD,

Have to agree, we all want our investments to double right after we buy, but guess what... that's not the way it works. I have been following this stock since last fall and did not buy in at that time because I felt that I would wait until they started to ship. I have seen many other companies take much longer than was anticipated to get their product to market. There are many variables that we as investors do not know about, that can hold up the product shipments such as lines of credit leasing agreements, lining up parts, manufacturing, government regulations to name just a few. I feel that most of those problems have now been taken care of and I have been buying on the dips. I bought a small stake at .43, and when the stock got down to .40 about 2 weeks ago, I bought 20k. I just doubled my position again at .50. I don't think we have very much farther to go until the stock takes off, it could be this week, may the next or maybe a couple of months, but in my opinion, the risk reward is in my favor for a big score here. They have a product that from what I can tell, is superior to the competition's, and is in heavy demand. Time will tell, but I feel pretty good about my investment here.

Kevin