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 ) -- Ignore unavailable to you. Want to Upgrade?


To: Whitetigr who wrote (920)11/4/1997 5:58:00 PM
From: Douglas Craig  Respond to of 12043
 
To all-

I have been wondering about what seems to me like a big difference between EUTO and RMIL - the float and amount of overselling. I thought that I saw somewhere that the float on RMIL is much smaller than what we have here on EUTO. Also, I haven't been following the RMIL thread close enough to know how many shares it is oversold, but it again doesn't seem like there are as many shares shorted over the float as with EUTO.

My question is, with so many (maybe as Alan has stated as much as 20 mill. shares),don't the mm's have a lot more to lose on EUTO? This would seem to lead to a situation where the manipulations seen with RMIL will pale compared to what the mm's and ta's will do to avoid the squeeze with EUTO. Any thoughts on this? Am I correct in my information on the comparison?

Doug (one of several Doug's it seems)



To: Whitetigr who wrote (920)11/4/1997 8:53:00 PM
From: Bob Witt  Respond to of 12043
 
Whitetigr,

Thanks for the post on RMIL. I agree with your comparison info and it is helpful. Too many arrogant people have the notion that if they know something that everyone else knows it. Not so. Sharing of info is what this is all about even if some people don't think so. This is a learning experience for us all.

Bob Witt



To: Whitetigr who wrote (920)11/4/1997 8:59:00 PM
From: Playin my Cards  Respond to of 12043
 
Whitetigr,

Even though I already know about the other stocks you mentioned, I don't mind limited posting about companies in similar situations. People have been inquiring about companies that have gone through the same thing so I think it's releavent. Particularly for those who are new. As long as people don't start hyping etc... I don't mind.

I personally am watching RMIL with curiosity. It could give us an indication of what we will be in for, and Knowing what could happen is half the battle. Who woulda thought a shorter would have tried to file a frivalous law suit against a company and it's shareholders for the share price going up? If everyone knows that they may stoop to that level it will reduce any uneasiness amongst the newbies when the shit hits the fan here.

Just my 2c...flame/comment/question away.

Mike