Short positions ?
posted on
Mar 16, 2005 05:38AM
The problem for the shorts is that EDIG has a real revenue producing partner in APS/Wencor that doesn`t appear to be going away any time soon. In fact, it appears to be headed to ramp up in the months ahead.
Compared to most otcbb companies still in the potential story phase, EDIG is making its move towards delivering real product i demand in exchange for revenues.
On the heals of announcements from multiple airlines and/or APS/WENCOR, the market will have to recognize that fact sooner or later.
At this depressed PPS one has to wonder at what point will an APS/WENCOR or a microcap fund decide to step up to the plate and begin to bulk up on EDIG.
Today`s news is really only for current EDIG investors and does not feed to the pool of new investors in the market that will be hearing this story in the months ahead.
For those LONG in this stock, it has to be extremely reassuring that this product line is our best prospect yet.
Unlike getting pushed aside in the consumer electronics markets because of heavy weights changing tactics, APS/WENCOR is now doing our bidding.
That is a huge difference.