Re: Strong Downtrend....DEAN...
in response to
by
posted on
Feb 19, 2010 12:28PM
Your CHART also tells another story, namely that the tradig in EDIG shares are done in a tightly controlled OTCBB market...
It depict, in a graphical picture, the fact that whenever we have abundant good NEWS that we know will be released, NITE instigates a downward spiral of two to three times its daily trade of $.1-$.2.5 cent margin for no apparent reason at all...
However, if you accept that NITE and his cohorts make money in turnover times, it makes sense that they would do what they do o keep a lid on the pps outbursts that can be costly to them...
This is not a $.132 CENT STOCK. And if NITE sells 100,000.00 shares at those prices he will make it all back when the NEWS are released and one of those spikes occur...
Personally, I have given up watching the PPS a long time ago, because it is all "Controlled", and "contrived". IMO there are no "Free Market Forces" in play as relating to EDIG share price.
Gil...