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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Robert Rice who wrote (7259)9/30/1998 4:08:00 PM
From: Francois Plante   of 12043
 
fellow eutopians.
I personally think that we had a VERY GOOD day.
The share price climb regularly during all day.No savage trading.Just a heavy volume with 95% of trading done at the ask price.Contrary to the last run-up we experienced in May where we saw a 4 millions in volume in a single day,we did not saw (at least to my eyes) a daytrading like activity. Instead,we saw a good buying pattern and a share price climbing because of the buying pressure.

We finished the day very strongly with a bid at ..038 and the last transaction at the ask (.04)and a 3.3millions of shares traded.
I think it is exactly the kind of response we could have wish for in a situation where we all want a solid and steady appreciation of euto to eventually is true value.

Francois.
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