To All:
As previous posts have stressed, small holders of EUTO may be 'hurt'
by a large selloff. One very, very, very important point that was
missed, however, is that the large holders would be hurt worse. For
example, say Euto is trading at 1.00 and a <desparate> MM tries to cover, 'testing the water' with a buy of 1000 shares @5.00, and someone (foolishly, IMO) sells. EUTO is then listed as selling at 5.00. If a large holder sees this and chooses to sell 1,000,000 shares, THEY WILL NOT GET 5.00 a SHARE!!!
My point is, it is in the extreme best interest of the large shareholders to sell 'invisibly', as Carl said.
A second point: Think about the companies that EUTO holds, eg. BIO,
which has been waiting capital to take off. What do you think will happen to the Fundamental value of EUTO when the market capitalization
of EUTO goes from $400,000 (100M @ 0.004 / share) to $1,000,000,000 (10.00 / share)? Even though a price of $10.00 a share is currently not justifiable in terms of market value, long term I believe that it is.
As always, Just My Opinion.
R.A.M. |
