Free
Message: RE: ``...The saddest are these, `It might have been`.``/Flash

RE: ``...The saddest are these, `It might have been`.``/Flash

posted on Dec 12, 2005 06:55AM
I respect your opinion but disagree completely....Yes, no news...Always a downer for ANY stock. However, unless you have hundreds of thousands or millions of shares of EDig stock to give you a significant amount of money back, why are you contemplating a sell now?

EDig has always been a risk, we have all known that. I have very substantial shares in this company but selling right now is not on my horizen for two reasons.

1. While my enthusiasm has been tempered and I no longer have HIGH expectations, I still HAVE expectations that EDig will perform to the point where I will still recognize a substantial return on my investment...and at my level of shares and cost factors that figure can met quite reasonably.

2. This is the main reason for my lack of understanding of your opinion at this point. EDig may have fallen in disfavor as far as you are concerned and in your mind it is a worthless stock ``Why sell``? 100,000 shares at $.05 returns only $5,000, etc.... Seems to me getting out now is more of a risk than a reward of any funds you might get in return. If you have 500,000 shares every penny EDig goes up is worth $5,000 to you. If you sell 500,000 shares at $.05 you realize $25,000 with no chance for any upside. As a gambler, if you are invested in an OTC stock that is not a good risk/reward ratio in my mind.

A question you might ponder is: if EDig is so bad of an investment and will keep losing its value WHY NOT SHORT THE STOCK? After all when it goes to $.00 from its present value of $.06 you can realize a return of $6,000 on 100,000 shares. BUT THATS IT.....Of course if EDig goes back up to say, modestly, $.10 then your portfolio is now worth $10,000 if you decide to sell. In other words the potential for loss on the downside is VERY LIMITED, whereas the upside potential is HUGE with any kind of move. I like those kind of odds much better than buying a Big Mac with fries.

Certainly Will Blakely did not take on this position to preside over the reposession men taking the furniture, hell I could do that. Certainly the refinance gurus, whoever they are, did not put themselves at future risk knowing they were backing an operation whose doors were closing. Certainly our efforts in the IFE were recogonized and have led to EDig being a player in that business. We have a product that we are STILL selling to BOW. Less of certainty but still promised is the Mediviewer. I happen to feel we are NOT being lied to in this regard and we will see news/movement on this front shortly.

Hope this gives you MY perspective. I understand your disappointment but any study of the brokerage business tells you the ABSOLUTE WORST TIME, EVER, TO SELL IS WHEN THE STOCK IS AT ITS LOWEST. THE BEST TIME TO BUY IS WHEN EVERYONE IS SELLING. Assuming the company has not closed its doors, and EDig is nowhere near that at this time. In fact all the recent figures have shown we are making more money each quarter/year....Now that is positive no matter what you think

Share
New Message
Please login to post a reply