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


To: edde who wrote (1868)11/27/1997 10:41:00 AM
From: taz man  Read Replies (2) | Respond to of 12043
 
Ed, if you say anything negative about this stock, or
even imply something that could be seen as negative,
a lot of these guys will jump you like a rabid dog.
I think things are getting a little paranoid here
too, and maybe a little too emotional, but I am still
heavily long this one.

off the topic, look at where VTPI is right now bid .13, ask 17
it was as high as 90 a few weeks ago.

good luck and happy thanks giving.



To: edde who wrote (1868)11/27/1997 11:43:00 AM
From: slotman  Read Replies (2) | Respond to of 12043
 
edde
I personally don't know of a bb stock reverse split that was successful
long term in increasing share value. Can you cite an example? Not a flame, a question.
tia

HAPPY BIRD-DAY TO ALL!



To: edde who wrote (1868)11/27/1997 1:48:00 PM
From: Douglas Craig  Read Replies (2) | Respond to of 12043
 
Edde,

You state that you are long EUTO. How long have you been a shareholder? Did you participate in the preferred share exchange? If not, then maybe you don't realize that for those that chose to do the exchange, they basically exhanged upto 5 for 1 common shares and received the added bonus of preferred shares and warrants. I agree with you that if this deal could have been a manditory exchange, that the short positions might already be taken care of. But that did not happen and so in my opinion, I think we have to be a little more patient so that this plan will play itself out.

If most people that invest in penny stocks are like me, then they are looking for a stock that has the chance to go from mere pennies to dollars. The chances of a stock going from .10 to a dollar based on solid news is much greater, IMO, then a .50 stock going to 5.00. That is why I am risking my money in this high risk arena. If I want to get a 50% or even 100% return, then I should stick with NASDAQ stocks where the risk is less that a company will go bust. If this is the way others think, then when a reverse split occurs, they will abandon the stock driving the price down, at least initially. I do not believe that EUTO is even thinking about a reverse at this time and I hope they don't in the future. Just my thoughts.

Happy Turkey Day

Doug