Time for some observations
I have been reading this thread since it's original inception when the stock was selling for 0.003. I have been very lucky and made some serious money buying and selling it. It's time for me to post my observations to clear my head.
1. This is a PENNY STOCK!
2. It's not Proctor and Gamble nor General Motors. I'm fed up with the whining and bitching about "the company lied to me" or " I feel betrayed" ...........see number one. Penny stocks are a gamble, penny stocks are not for widows and orphans. Penny stocks are for money you can afford to lose. Companies that issue penny stocks on the BB are small, crappy companies that must manipulate to survive.
3. So what if EUTO now has 500,000,000 shares to work with? Are they in the float right now? No they are not. If they were put into the float tomorrow what would happen? The company might sell some at .01 then the selling pressure would drive the price to sub-penny levels again. The entire company would have a net worth of less than a million dollars. Whoopeee. I gotta think that something else is up.
4. Those that bought in at high levels are all real pissed right now and the grieving process is in full swing. Take some advice and let it go, move on, beat it, see number one. Buy some PG
5. When I buy a penny at the top and watch fall I sell it and try harder next time. Use some of that excess energy to search out another one rather than wasting your time cluttering up this thread with your vendettas. See number one, nobody really cares about it.
6. What's up with the guy WHO TYPES EVERYTHING IN ALL CAPITAL LETTERS AND CAN BE FOUND ON AOL AND GOD KNOWS WHERE ELSE? There are better conspiracy theories to spend time on. Hoffa, Kennedy, UFO's, Fluoridation, Where is Alan Markoff, to name a few.
7. If you are in this one too heavy, sell at .015, take the tax loss, re-buy at .016 and wait to see what happens....see number one.
8. If the price drops to sub penny levels again I guarantee I'll jump all over it again. I doubt it will happen that way again ....too many people know about it by now.
9. Run your thesaurus on the last couple of paragraphs of the "Statement" if you haven't picked up the major gaffe in it yet. Very ironic.
10, see number one
Have fun Mike K. |