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Message: RE: Why DID we all invest in a penny stock so long ago ?

RE: Why DID we all invest in a penny stock so long ago ?

posted on Mar 13, 2005 06:57PM
``Let me be brutally honest: If you told me to buy this stock last year, I would have laughed in your face.

At the beginning of 2004, the firm was in a deep hole with zero revenue, negative book value and a history of operational disappointments. Talk about a terrible outlook.

But over the past 12 months,....``

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This scenario reminds me of what they might be saying about EDIG should IFE get those substantial orders over the next couple of weeks, and what some have so flippantly referenced as hype might just appear to again be visionary.

Either way, ego wars aside, it`s about making real money on a homerun investment...hence the penny stock attraction and WE HAVE BEEN HERE ONCE BEFORE--FACT...so who`s dreaming and who`s real ???

The market now wants numbers on the bottom line and it looks like EDIG has never been closer to delivering on that scenario than they are today.

Hype, vision....who cares. It`s about market perception and perceived value, whether it`s based on potential prospects or actual value, someone will come up with a criteria that is envisioned as opportunistic and valuations will rise. This market may today require actual deals being done while 5 years ago it was about potential...regardless, EDIG remains in the game, as deals are getting done and the potential remains fully engaged into several homerun markets.

Which microcap funds will focus on EDIG as their next 20 cent opportunity to break out ?

This story remains quite interesting...

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