RE: OT: Just one product....DABOSS...
posted on
Nov 16, 2005 05:12PM
``TRC Capital`s unsolicited offer is not related to RIM`s previously announced plan to repurchase, from time to time, up to 9,500,000 of its common shares on the Nasdaq,`` the company said in a statement``...
It is funny how the 9.5 million shares matches the number of shares that EDIG needs to buy back on the open market before the pps makes a significant move...
IMO, Mr. NASTY,(as Sunpoop calls him), of WENCOR, or someone, bought that many shares at $.33 cents FEW MONTHS BACK, and EDIG pps has not been the same ever since...
Clearly, EDIG is doing better than when that event took place several months ago. But everytime some good news are put out the pps goes down. Have you asked why?...
The chess game is clear. All needs to be done by those who bought the 9 million shares is to dump a few hundred thousand shares on the market every time EDIG makes an announcement that things are improving. Panick sricken shareholders start selling and the pps goes down innspite of 40% increase in the earnings...
One good contract that generates enough revenue to give this company the chance to announce a buy back of some shares on the open market, and this game is over...
Good luck to all who wait it out...
Gil...