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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Jeff Harrington who wrote (806)11/1/1997 8:35:00 AM
From: Gary R. Owens  Read Replies (1) of 12043
 
Jeff,

I'd like to toss in my own 1/5 share's worth.

If I understandy you right you're looking for some kind
of affirmation that us small guys won't get trampled.
You have that right but in my opinion it is immaterial.

I say this because even if you do get some kind of
response it won't mean a thing other than to give you
a warm fuzzy.

I have to agree with Carl. Not kissing his butt or anything
but folks like you and I wouldn't be sitting where we are
right now without the top twenty.

Nor would we have likely listened if someone said
"Hey this stock at .006 or .034 or .05 is a great company,
they're turning around and aren't going bankrupt."

Even if you get some kind of loose internet promise that
the biggies will be pulling for us, when the stock races
up to x.xx and drops in half on some 200k and 500k trades
you, I and everyone who doesn't believe will say
"well that's it, I''m out" and sell our positions.

Well maybe the big blocks were trades between MMs but
if you don't have faith you aren't going to wait and see,
the deed will be done.

I'm not trying to berate you, it's just that I think that what
you're asking won't make the difference you think it will.

If you still want to see something in paper, you may want
to ask GaBard. I believe he will share his BTS system
with you.

The key is that not selling should cause the price to rise.
The degree to which the price rises will depend on the ease
with which people who NEED the stock get it from people
who OWN the stock (in certificate form of course).

BTW I am trying to decide if I should add to my position.
Unfortunately the dilemma is that when I find out that
adding was correct it will cost a whole lot more.

Sorry to ramble, but I'm all caught up on SI stock threads.

good luck to you and us,
gary
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