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


To: ALL IN PAUL who wrote (1851)11/26/1997 6:05:00 PM
From: Novice Bob  Read Replies (1) | Respond to of 12043
 
Laron:

I Agree, however, I always like to educate myself on what ever I am involved in. Knowledge is a great defense and also great for offense. I watch what happens on RMIL (a little bit), granted there is a lot of crazy things happen there, but you can always learn something amongst all the noise. There are many threads with top notch people posting great information here on SI. I feel I already have a better understanding of the market in some aspects then some brokers. Someone told me the other day, the best way to become an expert in something is invest more than you can afford to loose (it is also a quote from some famous person in history). I guess what I am learning/understanding is there seems to indeed be manipulation taking place in the BB's. And understanding this helps understand that a dip in a stock price is not always a reflection of something the company did, nor is an increase in the stock price.

It is one thing to know that other market forces may effect a stock price, but understanding how all these forces interact can give you an added level of comfort as you navigate the Penny Stock Market.

My thoughts, hey it has been a slow, uneventful day, that is unless you were a turkey!

Robert



To: ALL IN PAUL who wrote (1851)11/26/1997 7:14:00 PM
From: ALL IN PAUL  Read Replies (1) | Respond to of 12043
 
Update on Mob involvement and Wall Street. On a 7PM ET CNBC show, they interviewed a former broker who saw, first hand, how the mob pumped and dumped a stock. No mention of illegal shorting activities.

Basically, the mob bought up a stock then found an unlicensed broker and "convinced" them to pump the stock. Once pumped, the mob sold off . They made $10 million before being busted yesterday.

The report ended with a note that this is the tip of the iceberg in the way of busts involving the mob and market.

Again, this mob situation has nothing to do with the subject of illegal shorting of BB stock.

GO EUTO GO !!!
Laron P.