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IDGJ - IDGLOBAL

Scofflaw

User

Junior Boarder

Posts: 16

New trading symbol - IDGC - 2008/07/01 01:23 pm According to my broker - the trading symbol has been changed to IDGC. I don't know the significance, if any. Still a pink sheet. Still trading at a pathetic $.03 a share. Regards, Scofflaw

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Scofflaw

User

Junior Boarder

Posts: 16

Re:New trading symbol - IDGC - 2008/07/01 02:56 pm There was a 1 for 16 reverse split today plus the change in the trading symbol. This is not good. I guess something had to be done to escape from the price going to $.00. Regards, Scofflaw

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Scofflaw

User

Junior Boarder

Posts: 16

Re:New trading symbol - IDGC - 2008/07/02 10:00 am The stock is a mess. I'm not sure that is is even trading since the bid is $.15 and ask is $.64. It seems the market maker isn't taking any action yet.

Split adjusted the price went from $.04 to $.64. So a 10K share position reduced to a 625 share position.

IDGC has been a disaster for anyone who bought and held over tha past 18 months. Only the astute and agile day traders made money.

I would avoid this company if you are long term. Regards, Scofflaw

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Scofflaw

User

Junior Boarder

Posts: 16

Re:New trading symbol - IDGC - 2008/07/02 06:42 pm I'm at a loss. How can one explain 1,505 shares traded with a close of $.20? Hmmm...that's a $.44 drop from the split price of $.64. A 68% haircut. And it took only 24 hours to accomplish it.

Maybe tomorrow or sometime after the July 4th weekend will be a pleasant surprise and things will settle down and trading improve.

Stay away from this loser. . .anymore it's all sour grapes from me. Regards, Scofflaw

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