GREY:ZEDIF - Post by User
Post by
AHybridofStreetandStocksmartson Jul 29, 2011 4:13pm
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Post# 18888913
Why Isn't the Zedi Stock price doing much you ask.
Why Isn't the Zedi Stock price doing much you ask.Some of the reasons are:
1) Zedi has one of the highest PE ratios amongst its peer. This is due to its high dilution of over 30 million shares.
2) Market has a "wait and see" attitiude about its recent acquisitions.
3) Not good at their dog and pony shows.
4) The Stock is not an invetment grade to hit Institutional Investors' radar.
5) Companies don't care about secondary markets unless they are up for sale or need to raise to retire shares.
6) The Zedi Stock charts would not impress technical analysts.