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


To: Whitetigr who wrote (2210)12/3/1997 7:52:00 PM
From: Y-fall  Respond to of 12043
 
Wake me up when the stock hits .25 cents.



To: Whitetigr who wrote (2210)12/3/1997 8:24:00 PM
From: Theo  Read Replies (2) | Respond to of 12043
 
Whitetiger,

~~"There was that dumping this am when there are more shares already out here than there should be. I think that was either people holding that were very nervous about this gibberish about lawsuits and nonsense about what if's."~~

I'm just not convinced that it was shareholders that were dumping. "Paper" was freed up from some where, but, I can't believe it was from individual investors. For several weeks Euto's price has languished at $.08 - $.09 on pure speculation of the status of the 50 million share whereabouts. Now, all of a sudden, we have the answer to that question that even the "naysayers" were harping on, plus a plan of action PLUS a finite time frame and now loads of people decide they have had enough and bail?? Sorry, without further proof I don't buy it. I'm sure we were/are looking at a carefully orchestrated event involving the "ghost" companies and MMs.(IMOH) An event that basically, IMHO, I consider to be a non-event for the most part concerning the average investor.(except those lucky enough to put on the feed-bags and scarf up some of those $.05 shares today!<G>)

I'm not sure of the implications if, indeed, there are any. I, for one, am just relieved, to a certain extent, as we now have a time frame in which to guage progress. That is more than we had for the previous 2 months.

Pure speculation on Theo's part!:)

Theo