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Microcap & Penny Stocks : EUTO - (Eutro Holding Group)
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To: Jeff Harrington who wrote (7191)9/27/1997 5:04:00 PM
From: James Bender   of 8826
 
When Alan and I first starting talking about the stock being shorted we made one mistake.. We should have just bought the entire float ourselves and this kind of turmoil would not be occuring...

Jeff as you say there will be alot of ups and downs but sooner or later the float will be captured and held.

When you get into stocks you are on your own....I for one don't think it is my responsibility to help raise the price of a stock AND then hold your hand so you can sell for alot of money.....

I don't think you will see the price get to a dollar and then see a free fall back to 5 or 10 cents....This is because anyone selling at those high prices will buy back in at the lower prices, causing support in the stock price.

When we get to the higher prices then is when people will start treating this stock like they should. By that I mean people will start looking at the pending contracts, book values, future earnings etc.

This is what will support the stock price not this latest craze....And as the larger shareholders start to sell their stock, it will be bought in smaller blocks. And when this happens no one will ever have the individual power and control of the EUTO stock that so few have today...

But this all depends on what a few people do in the next two weeks. We must stay together and call the float in, or we are going to be divided and conquered.....Best of luck to all........Jim
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