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Microcap & Penny Stocks : Eutro ( EUTO )

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To: George C. Grasser who wrote (4151)2/28/1998 5:54:00 PM
From: BlackStar  Read Replies (1) of 12043
 
How? Won't there be profit taking @.06 and at every double thereafter. I've seen stocks drop real fast from a buck to a dime, but never the reverse.

I think the general consensus is that the short squeeze is on again if the 50 mil is dealt with. If so there will be a much larger surge than the actual float balance suggests. IMO the spike will be short thin and of dizzying height, then it collapses to some more reasonable value. Maybe .3-ish?

Real business progress from Eutro is more important IMO. Without that the stock has no substance. There are inofficially (I think) three clients in the pipe. Let's see what they amount to.
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