Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ellen who wrote (2318)	12/4/1997 3:37:00 PM
From: Stretch	Read Replies (2) \| Respond to of 12043

Well since I can not lurk anymore I will try and answer your question. When the mm's see all the limit orders at say .06 they will not go down there as there will be a tremendous amount of support at those levels. Now take the 4 companies they might try and flood the market to get it to drop and then pick up shares cheap. So we have to people or companies competeing for shares. So I think it is good to have limit orders so the mm's can see our support and also good if the 4 companies decide to flood the market with what is left of the 50 million because then we can also pick up some shares cheap. Also unless the 4 companies are market makers they can not see our limit orders. Just my opinion though. Happy Investing! Phil

To: Ellen who wrote (2318)	12/4/1997 3:41:00 PM
From: James Bender	Respond to of 12043

Paul..I don't want the price to go to 3 cents but if we can't stop it then don't help it...It has been a long time since Farris posted what someone referred to about not supporing the stock price, but I think that was when we were talking about supporting a stable 10 cent price range....This is somewhat different, I just didn't see any reason to pay for 5 cents for something that in 10 minutes is going to 4 cents or less maybe....I am just sitting here doing nothing you all do what you think is best for your own trading. But do you think we can stop someone that doesn't have to worry if they lose money or not?