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


To: John Solder who wrote (5133)6/2/1999 12:32:00 PM
From: John Curtis  Read Replies (1) | Respond to of 18366
 
What we have here....is a falling knife. $2.01 x $2.02. It sure has the look of a pump and dump, excepting pump & dumps don't usually have big name partnerships. Soooo, it looks like this is the "cut the knees out from under it" blow off sell off, liberally helped by general market conditions.

And the longer we go without hearing anything from Lanier, the worse it may get. Let's see, in less than a week this stock has lost 30% of it's value. At the rate it's going......it'll be back in the penny range very soon....

Now let's see if the drop stops at $2. Right now it's breathing down on its 52 day moving average. If it breaks that then, imho, it'll definitely head for a TOTAL retrenchment.

How's everyones stomach today? ;-)

John~



To: John Solder who wrote (5133)6/2/1999 1:27:00 PM
From: Walter Morton  Respond to of 18366
 
This is nothing new. Look at the price history below. EDIG goes down on low volume and up on high volume:

tradepbs.com

And which RULE does this fall under:

Message 9893450