Re: Jeffother/OZ 10K... An observation of yesterdays pros and cons
posted on
Jun 18, 2009 10:23AM
Jeffother...
Thank you for post...
It clearly discusses your views on what EDIG may become in the future if certain logical assumptions come to pass...
Logical, Mature, and quite probable analysis of reasons one should stay invested in this stock...
Those who put their emphasis on current PPS value fail to understand that in todays Market the value of the pps is dependant on the number of buy and sell orders on a given day. We are no longer operating in a STOCK MARKET that puts a value on the bottom line, and PE, and the number of sales made in a quarter.
If you look at the TAPE these days you will see that millions are made or lost each day based on the rise and fall of the pps of the stocks that are used as a cash pump by the savy investors. No one, at least no one that has an awareness of what is happening in the economy at present, buys stocks these days to have and to hold until death do us part...
The problem is further compounded for EDIG investors because of their denial of the fact that EDIG, with its long history and limited appeal to the general investing market, is dependant on the existing pool of its investors for any fluctuations that may occur in its pps on a daily basis. In short, it is US CHICKEN who make the pps go up or down, and will do so in the foreseeble future...
Viewed in light of the foregoing both your and OZ'S posts are logical and sensible assememnt of our current condition...
We have to stop focusing on the pps rise and fall on a daily basis. We have to choose between staying invested till certain conditions enumerated in both your and Richardo's post have come to pass. Or, we bail out of what appears to be vortex of a black hole with no end in sight...
I am with you and OZ. I too beleive that we will see the day of 20-50 million settlements, and much more...
Gil...