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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Coral4pH_dot_com who wrote (4138)2/25/1998 1:30:00 PM
From: FARRIS  Read Replies (1) of 12043
 
OFF TOPIC**************
Dean,
Looks to me like you are about the only person who has bought ENVP in the past year -- I see volume for the entire year as about 450,000 and a price of .01 as a VERY recent low. I would guess $81,000 total traded over the last 52 weeks. It does appear to move well on volume, but it also appears that there is no volume without you. Your post on the other thread did not say much about the company's prospects. You were right about HCCA stock, but why would anyone buy the company? You can play with low-priced stocks all day and maybe make money, but people should be aware that these stocks, with little obvious fundamental value are extremely risky and difficult to sell once interest subsides. I will not need to eat my words when this stock hit $3, but I sure would not want to be one of the folks who buys in at the 52-week high. (How many shares doyou have under a nickle? Looks like quite a few to me.) People should check out the chart -- scary looking stuff.
Eric
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