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Microcap & Penny Stocks : Eutro ( EUTO )
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To: Alan Markoff who wrote (2176)12/3/1997 3:23:00 PM
From: grw5  Read Replies (2) of 12043
 
It would be interesting to compare the shares sold and the shares bought during this mornings little whirlwind. It appears on my chart that there was a lot more buying than selling. And my feeble brain isn't sure how that translates in terms of shorts covering, companies buying back, people snarfing up bargains, etc.
If I understand the MMs position there would have to be more sales than buys for them to be covering shorts. That might be all wrong. But if I'm right on that, that's about as far as I can get.

George
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