Re: Doni.. Emit...arkie...LL
in response to
by
posted on
Sep 19, 2007 10:25AM
If the thinking of all that are here follow the philosophy of the "green eyeshade" guys in the 30th. floor of a windowless office then no matter what occurs to EDig, it's PPS will be calculated right down to the penny based on "sound", sensible" financial reasoning. Therefore an IP settlement that brings $10,000,000 to EDig with more to follow will generate "how much per share??? times an established P/E ratio to generate a PPS, then most likely EDig will be valued at $.40, that's cents, a share.....
However if what naturally occurs in situations like described above, and I have seen it many, many, times, a "bust out" will occur and a natural, or unnatural exuberant fever of "getting on board" especially for those investors, brokers, who are familiar with EDig, will take place and this stock will run.
It will run far higher that the "green eyeshade" boys have predicted it will and perhaps after the euphoria is over, as the run to $24.00 has shown, it will settle back to a more normal, predictable price range.
The real trick is to ride it to your comfort level, then sell, but NOT to sell too soon. That is the mark of the sophisticated investor.
NEVER SELL A STOCK THAT'S ON THE WAY UP.
Don't think a stock will go up forever and NEVER RIDE IT BACK DOWN.
fRANK