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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: Deeber who wrote (938)11/4/1997 10:16:00 PM
From: Greg Wilder  Read Replies (1) | Respond to of 12043
 
I have watched and played OVIS/RMIL over the last few months. Got out about 3-4 weeks ago, at around $2.50, so I didnt make any big money. I think EUTO is a much more fundamentally sound company, so that is why I am holding long. RMIL has me concerned about the true finanical "status" of the company. Some even think RMIL is a complete scam; I for one am not sure, but keep watching. Again, EUTO is a better company, but with the larger float, and the uncertainity about the number shares, etc. it makes for some confusion. I know that none of us want to utter the 'C' word, but the RMIL folks seem to have banded together a little stronger than we are.

All in all I am very LONG on EUTO.....



To: Deeber who wrote (938)11/4/1997 10:17:00 PM
From: Prop  Respond to of 12043
 
The thing I can't help but speculate about is if RMIL truly takes off then consider the amount of money that will flood into EUTO. EUTO is already pegged by many to be the next candidate. Personally, if I make a killing on RMIL, my measly xx,xxx position in EUTO will increase dramatically. Also, can't help but notice many people are already in both stocks.

prop
Only takes one domino to start a chain reaction.



To: Deeber who wrote (938)11/4/1997 10:33:00 PM
From: Playin my Cards  Read Replies (1) | Respond to of 12043
 
Ryan, Like I said, I wasn't out to Flame or any of that stuff. Glad to have you here and congrats on getting in when the price was dirt cheap. BTW, did you buy in when it was going down through .009 or when it was rebounding?

As far as timing on this one, I have stated before that it will be to our advantage if they process our certs before the companie's requests because then the shorters have to buy from us to fill Eutro's cert requests instead of the other way around. May take longer but the result would mostlikley be better for us.

Because of this, we may have 25 Million certificates in hand before we see a squeeze here depending on what certs the TA processes first. So when it happens, is anyone's guess. Hopefully, everyone in at this point can stick around for a while. Personally, I would not mind if it went up slowly and didn't peak until next year for tax reasons. Imagine the extra money you could make in interest on a few $100,000 for a year before Uncle Sam takes it away.

One last thing to keep in mind...SI members are only a small portion of EUTO investors out there and when we see big volume and price increases, people will jump on board like flies on shit buying any controlled sells by the current shareholders. I can't wait to see what happens here...can't wait to see how RMIL pans out even though I have no shares of it. Time will tell.

Mike