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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Glenn B. who wrote (1799)11/25/1997 12:28:00 PM
From: Theo  Read Replies (1) of 12043
 
As long as speculating is free, I'm gonna give my thoughts.<g> I'm not really impressed with todays trading range so far. Watching Quote com's realtime (15min delay), the bid doesn't move eventhough the ask was inching up ever so slowly. Cripe, I even saw one clown (MM) set his bid at $.065. Get real! I suspect a very tenative testing of the waters is taking place. Perhaps to shake some weak hands? The fact that todays range is flirting with $.10 is, however, encouraging as it may signify someone might be getting a little anxious. If the close stays at or above $.10, then, I will feel that we have crossed a resistance line. But, until then, it appears to me that MMs are trading paper to creat an illusion. JMHO. ;-)

Theo
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