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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Steve M who wrote (4110)2/24/1998 5:47:00 PM
From: Doug Gallian  Read Replies (5) of 12043
 
Lot of folks appear to be selling. Today's numbers:

Buys = 278,500 Sells = 676,500

Appears me, my brother, Novice Bob, Mike Z., and Stockid are the only ones still holding LLLLLOOOOOONG.

Anyone else notice how the MMs raised the Ask on 3 consecutive sells going thru today in the early afternoon? This is the 2nd day in a row this has happened. No one bit and bought any shares until they lowered it back down to .035 (skilled investors out there aren't you?). Anyone else feel like we're ready for another fall off in share price back to the 2 cent range. This 1 cent increase the last 2 days has been on strong selling. Me thinks the MMs have plenty of inventory. HIGH Supply and LOW Demand means lower prices.

Still long and hoping,

Doug
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