SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Eutro ( EUTO )

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Porter who wrote (9377)12/13/1998 11:29:00 PM
From: grw5  Read Replies (2) of 12043
 
I don't know, Porter. Friday was a classic dead-cat bounce, a large steep drop at the open with a small recovery midday and starting to drift down by the end of the day. My guess(and it's just a guess) is that it will probably open right where it is and, although it might touch .017 on speculation(bad bet IMO) sometime during the day, it will probably fade throughout the day. I wouldn't be surprised the rest of the week gets worse as more and more people decide that a tax deduction may be the best option to get something back.

Who knows though, there might be a few momentum players(and MMs) try to work it. That was probably what caused that sight recovery Friday, but I don't think they'll hang around long.

Best of luck,
George

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext