Regarding selling at the 52 week low....
posted on
Apr 28, 2005 06:25AM
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=EDIG&sid=0&o_symb=EDIG&freq=2&time=10&x=41&y=20
Buy here ? If ever you wanted to own EDIG, this is about as low as it has gone even in the face of a terrible overall stock market and the company facing financial uncertainty.
TODAY we have IFE in the hand with expansion looking very possible, along with KINO and Kiosks lurking in the background.
We are 2 months from the annual report with our last guidance stating expect growth to continue.
If bad news comes, what, sell at .15 instead of .17 ? BFD
But if good news comes, a double, triple, quadruple or more possible ? With the IFE market having its own audience outside of EDIG-land and companies like Panasonic competing but trailing WENCOR, I like the odds and the exposure EDIG could experience based on a single announcement.
But do whatcha gotta do...and good luck either way.