GREY:EGDFF - Post by User
Comment by
DoubleManon Apr 17, 2009 11:14am
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Post# 15926439
RE: $6 stock tading at $1 CRAZY.
RE: $6 stock tading at $1 CRAZY.With the world markets in such turmoil....it is "refreshing" to read the release of this positive NR...I watched in glee as the SP graph headed upward today....but alas not for long.
The unfortunate demise with EGD is that because of management's disregard of the necessity of communication...they have deteriorated the private invester confidence to the point that it was to be expected that there would be a flood to the "exit" gates once the SP hit the $1.50 mark....and sure enough ...my assumption was correct.
Fred and his bunch on the board of EGD must understand that they cannot continue to keep the small private investers "in the dark" for 4 months without running risk of damage to value reputation. What we have with EGD is a successful micro player on the junior Venture Exchange with great growth potential....but until they learn to start punching the keyboard they will always remain in the shadows....surely those weekly company meetings could translate into some "equitable" news releases at least a couple of times during the operational quarters of business...
"Thumbs UP" for a great Q4 performance ....but a big "disappointment" for continuing to remain "mute" with the investers.....my thoughts...my comments...