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Microcap & Penny Stocks : Eutro ( EUTO )

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To: grw5 who wrote (2189)12/3/1997 3:57:00 PM
From: Judith  Read Replies (1) of 12043
 
George, from my reading of the time and sales info, I do not see what you described. This morning there appeared to be a lot more selling than buying, and many of the sales were for much larger quantities than the buys. It still appears to me that someone dumped a large amount of shares in pieces.

I didn't see many large buys, so I can't see how someone can think the four companies are buying. I also don't see how this indicates shorts covering.

Maybe someone with more experience reading time and sales can give us their opinion.

Judith
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