Re: Answer to "Question"
in response to
by
posted on
Feb 15, 2013 05:06PM
"IMO those doing the buying are not looking at the cash on hand. Perhaps they should be! However"
Cash on hand?..You mean like the 150 billion that Apple supposedly has that everyone is ignoring at this time? From 700 down to 450
Prior to any settlements being announced, or the fact that, re-exams are not proof positive, until that happens....If e.Digital had 20 mill on hand at this time would that make you feel better and why? What happens to the company if re-exams are not held up? Cash on hand aint gona help that scenario.
Funds on had at this time, to me anyway, do not make ding dong difference.
What you see for the most part regarding the buying, are sharks waiting for positive results regarding the law suits....or a trading opportunity.
They're looking for the typical 5 or 6 cents(30%) in moving up off the 18 cents that traded here in the past.
It's almost a garantee to get @ minium 30%
doni