Readers,
On July third, I found myself in Chicago for the fireworks display. Unfortunately, the “ooos” and “aaas” weren’t there for me this year.
The display was obviously less than spectacular. Yes, I’m sure that it was a pricey display, but relatively speaking the display was not what it might have been. It seems that the recent economic stress has placed a cap on recreational spending. Although I’m not yet sure, in my own mind, if I should be happy to see local governments working to rein in spending in response to “crisis” or sad that it had to come to this. After all, there are a lot of things in this world that simply aren’t about the money.
Following the fireworks display, the night before, was an eventful fourth. Most notably, the Taste of Chicago was taking place downtown. There were a few rides and some water attractions, but the majority of the blocks and blocks of activity were centered on food. Along with the regulars: churros and corn dogs, I found hot dog and brat varieties that I’d never seen before. Needless to say, I didn’t eat a thing.
I think that these two events, in such close succession, show America and our economy in an interesting light, but to avoid a controversial and political uprising, I dare not elaborate. Many of our most influential discoveries are self-discoveries.
Speaking of fireworks, eDoorways — one of my prime stocks-to-watch — has turned extremely volatile. With the buildup of the once-impending investor conference that was slated to expose the highly-anticipated launch date announcement, we saw common share prices shoot higher than they’ve been in more than a year. Shortly after the announcement of an obviously unexpected launch date, share prices plummeted to just over a penny.
Last week, eD issued a press release announcing the introduction of a demonstration. To our knowledge, this is to be a live demo that investors will be allowed to peruse to their satisfaction. Steps are now being taken to plan the roll out sometime this month, and a final deadline for the demo is expected in a press release this week.
The demonstration itself has caused a small amount of turbulence bringing the common share price back to nearly two and a half cents. With low introductory volumes this week, it appears shareholders are awaiting the promised press release before making any rash decisions. I expect that share prices will have a positive outlook once a demo date is provided.
Our key focus, now, is the demonstration. We can see potentially outdated wire frames on the front page of the eDoorways website (http://www.edoorways.com), but how will the site really function as a web application. This is a key turning point and an early climax in the launch of the eDoorways platform that could be a breaking point for a hopeful company or solid footing for many climaxes to come — each presenting a new doorway.
My current recommendation on eDoorways is a hold due to current market volatility which means that if you haven’t purchased your shares just yet, you’re walking on ice much thinner than the rest of us. While I believe in the success of this company, many minds make up common share price. We’ll soon see whether the future of eDoorways can solidify in the eyes of shareholders.
~A