Re: If you had to pick a true penny stock to buy now
in response to
by
posted on
Jan 16, 2010 12:06PM
Short term could be within the next 3-6-9 months...enough time for the majority of the 18 remaining settlements to be announced and the company able to report those numbers publicly, followed by the next round of infringers being announced.
Remember, management implied this process to run for another few years, which means things will continue to speed up. Q4 could be quite enlightening and fiscal 2011 significantly bigger.
We went from 1 to 7 to 18 infringers at a time...what is next?
Results coupled with growing expectations for continued growth is a good sell to any investor and an easy sell for retail investors and microcap funds.
Why wouldn't this PPS make a run? Considering all the developments of the last 2 years, finally turning expectations into revenues, and what is about to transpire, this stock has yet to make its move.
EDIG should be an easy sell if handled correctly. Let's watch managment earn its money...and the best, as noted by Putnam, management is tied to getting this right via their own investment stake in EDIG.