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

To: Alan Markoff who wrote (2199)	12/3/1997 4:48:00 PM
From: Judith	Respond to of 12043

Alan, I agree there was buying to bring the price back up. However, from what I see, there were large sells...100,000 and 200,000, but aside from a few buys of 100,000, most of the buys appear to me to be in the 5,000 to 10,000 range. That is why I question whether the 4 companies were buying today. I would have expected to see larger buys if they were. Maybe someone with level 2 can explain why we did go back up. As I said, it looks just like a bunch of small buys raised the ask. Sorry, I am not experienced with analysing the buy/sell info, but find it interesting to compare the actual trades to what people are speculating that EUTO, the 4 companies, MMs, and large shareholders are doing. Judith

To: Alan Markoff who wrote (2199)	12/3/1997 6:27:00 PM
From: Theo	Read Replies (3) \| Respond to of 12043

Alan, I usually work 3 12-hour days a week. Just my luck I'm stuck on 5 eights this week..:( so I missed out on today's opportunity. But, after reading all the posts at once tonite, a strange thought went through my head. Follow me. We know that some shares, if not all the shares of the ghost companies are in the float and have been for some time. Is it possible that all this time the MM's have not been shorting EUTO to the extent that we have speculated on? I mean sure, there has to have been some shorting, but, is it posible that the glut created by all the additional "paper" has, in and of itself, created the price stagnation? (Humor me some more<g>) Now suppose the ghost companies knowing they are under the gun, call the MM's up and suggest they help them out by walking the price down soz they kin scarf up 4 million shares today. The MM's respond with a "Okey dokey, but, make it fast as there are gonna be a few SI folks who will probably start grabbing some shares as well". Might explain the sudden volume with a price drop and then a rapid rise which would also indicate their strategy. Might even indicate that this is gonna happen several more times<BG>. I only postulate this theory as I have a hard time believing that a bunch of investors sold today based on yesterday's news- especially after waiting all this time!!!!! Why sell today-on good news??!!??!! And look at the volume!! Something else happened today IMHO. ;-) Theo