Re: Lawyer Long
posted on
Mar 26, 2008 06:58AM
"However, DM will take time, there is no yet guarantee they will win anything. IFE is not yet in the black. Has EDIG sold any of these new products, not yet"
Investors invest in a company's future not necessarily its past, especially in penny and growth stocks.
The fact that in less than a year DM has made great strides in the process of making infringers accountable is a very bullish indicator. And although we all know results need to follow, settlements are likely, considering the trend, the rocket docket, DM's contingentcy representation and the patent history/prior art with e.Digital.
What does that do to a .135 cent stock?
And another notable factor is the recent two year history under new management which has been innovative in product development and has increased sales for a record year just being finalized.
So if anyone is looking for a penny stock poised to move north on a single announcement or two and have substantial upside potential, EDIG is a very good candidate.