If you were the CEO of Edgewater what would you do ?
Here we are 6 months later. YFI went forom around 0.03 to 60 + and now has drifted down to around 24 cents.
The stock has become increasigly less risky. Also Insiders just put close to $2 million into the company cash so WHY ??
As well as manipulation and flippers which we know about I believe the reason the market is holding back is because of the secrecy around a couple of earlier deals done this year.
Many of us have been tagging along waiting and hoping the lawyers would be done and deals revealed. The who, why, where, when and for how much ?
Instead of hearing about these deals, like the fortune 500 company that brought us into the stock in the first place, we have heard about Conferences, Partners, a good deal with Zinwave and some fluff etc.
The market now wants to hear about the exciting deals that came together earlier this year. Who is involved and the potential finance steming from the deals.That's why I am still here and many others.
If I were the CEO I would be calling Apple and any others that have an blackout agreement to ask for the green light to reval who they are ASAP. I know it will come out sometime, but the sooner the better. The stock will then get the attention it deserves.
I have managed to get an RRSP open in another trading account so will get a few more if she does go a bit lower however I don't believe she will as no one will enjoy being on the sidelines if she gets halted and most are losing $$$ selling at these levels.
GLTA