SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Eutro ( EUTO )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Judith who wrote (4016)2/18/1998 5:08:00 AM
From: BlackStar  Read Replies (1) of 12043
 
Wouldn't it seem likely that if the 4 companies thought they were going to lose in a court case, that they would start to accumulate shares at this low share price?

Not neccessarily. I think both Eutro and 'the four' wants to avoid the courthouse. Legal proceedings always leaves a bad taste afterwards. It is probably a waiting game where 'the four' is waiting for people to bail out of the stock and Eutro (the lawyers) trying to get a solid handle.

I a not a legal genius, but with this issue dragging out, no word from the company, and no accumulation by the 4 companies, in case they lose, it could give one the impression that there isn't a very ironclad case here for EUTO?

We don't know anything but I think we can safely assume that 'the four' is not acting in the best interest of Eutro. Since there is no will to 'play ball' this will take more time. We'll see by summer. I don't think that anything 50 mil-ish will happen anytime soon.

Just my depressing thoughts first thing in the morning!!

Yeah, I know the feeling just before the first cup of coffee... :)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext