Eutro ( EUTO ) Message Board

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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Gecko who wrote (4931)	3/30/1998 1:14:00 PM
From: Novice Bob	Read Replies (1) of 12043

Gecko: When I see someone post they are thinking about buying a penny stock, I private message them right away about market orders. I am sure I have cost the MM's a ton of $$$ just by warning people about market orders. When I first bought Eutro, I placed a market order. The MM's promptly doubled the price of the stock to fill my small order, they filled me in 3 chunks, each fill higher than the other. And then, within 60 seconds, the price fell 80%, under no selling. I am beginning to wonder if who ever sold the 50 shares into the float has a relationship with one of the Market Makers???? The "old buddy" system is alive and well. That would explain a few things. Just a guess on my part... Other thoughts??? Robert

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