Tell me this, (anyone ?)Below is the last 5 trading days on the Canadian exchanges.
56,674,450 Million shares bought at prices between 35 cents and 62 cents.
The question is this. Who is going to sell about
15,000,000 million shares below the 62 cent high today to bring us back to the 45 cent area ?
Most of this buying is now institutional, tech funds, MMs etc. When they start buying its not to make a couple of pennies, and it certainly is not to sell for less than they paid.
Also everyone who has sold even from 50 cenrs up to 62 cents ( about 20 million ) have money to rebuy and get there shares back if it went to the 45 cent area right ? Edgewater has the
newest Patentd technology needed to solve many problems for the future of WIFI 22
Patents in the chip we make. Not one of the big tech companies, including Comcast, Cisco, or even Apple has this technology. So my bet is we are going to keep heading up. Regardless of income or anything else. News will be coming on a regular basis.
We are a sitting duck target for a take out, and I for one will be there when that happens.
Price History for Edgewater Wireless Systems Inc.
| | | 05/25/2015 | 0.56 | 0.62 | 0.54 | 0.59 | 8,912,419 | 0.04 | 7.27% | 0.59 | 5.3m | 1,675 | 05/22/2015 | 0.495 | 0.57 | 0.47 | 0.55 | 10,746,664 | 0.055 | 11.11% | 0.55 | 5.75m | 2,006 | 05/21/2015 | 0.45 | 0.50 | 0.375 | 0.495 | 11,523,463 | 0.04 | 8.79% | 0.495 | 5.07m | 1,843 | 05/20/2015 | 0.44 | 0.495 | 0.425 | 0.455 | 12,724,391 | 0.03 | 7.06% | 0.455 | 5.88m | 2,243 | 05/19/2015 | 0.35 | 0.44 | 0.35 | 0.425 | 12,740,513 | 0.08 | 23.19% | 0.425 | 5.18m | 1,876 | | | |