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Strategies & Market Trends : FRIENDS OF EUTO

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To: Whitetigr who wrote (184)3/20/1998 11:58:00 PM
From: Coral4pH_dot_com  Read Replies (1) of 208
 
Let me invite my Friends of Euto to look at INVI Monday morning. It has just started moving UPWARD. The normal daily volume is 18,000 and today it closed over 1,000,000 shares traded. Letters from the company have been hitting doorsteps and a public company meeting will take place on 4/17. Insiders obviously know what kind of impact these events will have on the stock price as it is being bought up like no tomorrow. If this buying continues (and I believe it will only increase), then the public float will be GONE and no more shares will be available. After all, there is less than 7 million in the float and millions of those have already been snatched up. I predict the float will be bought up in no time at all. I just hope I can get a fair shot at my buy orders when I am competing with the big boys...

(and to be totally honest, I think the float was bought up a LONG, LONG time ago as this company has been heavily shorted. There is no other reason for this stock to drop from $18.00 a share to the "pennies" range. I have seen this before. The MMs get nervous when shorting is mentioned on these threads. They immediately start an effort to reflect a more accurate stock price. This is a very good thing for INVI shareholders...)

My Speculation Only!!!
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