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Message: RE: Have to wonder... moxa/LL

RE: Have to wonder... moxa/LL

posted on Jan 13, 2005 05:14AM
While I would love for Merrill Lynch to sit on the bid for 13 days it isn`t going to happen while we are a penny stock on the BB... a Merrill Lynch or someone of that ilk wouldn`t look at us until we are at least $5.00 and listed on the Nasdaq. Assuming there is someone with deep pockets supporting the stock it is most likely a company like Wencor or another entity e.Digital is doing business with. I am still not convinced that is what`s happening... but it is a plausable scenario. Why the $.002 decline? IMO there are too many MM`s sitting on the offer of $.335 willing to sell there with only one or two supporting the bid. I dunno what`s happening but I wish we could get some confirmation of something ``soon``.
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