If one is so inclined to buy shares, I would wait until the dust settles and see what the response is from DM. DM has less than thirty days to file a brief with the court. the sooner the better. Edig does not have enough revenue to continue operating month to month except for these settlements as evidenced by their filings.
Even if one was to believe that the PPS was going to rebound what is the risk vs reward ratio. What would you lose by waiting..pennies ..maybe a nickel per share as opposed to losing everything.
My advice is wait until we see some more cards on the table.