I think W.B.Jr. (I seriously doubt he has 3.5M shares)is just trying the same psychology I've seen time and time again - all over SI. Even the previous post is subtly trying to get people scared and sell (so others can buy your stock cheaper and laugh all the way). These posts are so obvious. I also love the posters that say they hold a lot of stock, bought high then slam the company if/when the price goes down. The penny market is run by rumors, fears, greed, perceptions and manipulative actions. If you believe in a company and do your DD then it's just a matter of time...
I know someone very recently who was in an excellent position to reap good profits and he sold (at a huge loss) when the stock temporarily went down.... he got scared and panicked. Patience (not fear and greed) has shown me far greater rewards....
EUTO (last two weeks)logs:
DATE CLOSE OPEN HIGH LOW VOLUME
3/27/98 .049 .049 .050 .045 2,850,000
3/26/98 .042 .039 .046 .039 1,307,000
3/25/98 .042 .045 .046 .039 1,185,100
3/24/98 .046 .043 .049 .041 1,259,400
3/23/98 .040 .033 .042 .032 1,721,700
3/20/98 .033 .033 .033 .030 606,600
3/19/98 .029 .030 .033 .026 2,444,800
3/18/98 .028 .035 .036 .026 1,079,000
3/17/98 .032 .032 .035 .028 772,000
3/16/98 .032 .038 .040 .032 410,600
3/13/98 .037 .029 .038 .026 1,288,000
Richard |
