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Microcap & Penny Stocks : EUTRO INVESTMENT GROUP EUTO (LONGS) -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Jay who wrote (444)	12/11/1997 6:54:00 PM
From: stockid	Respond to of 1667

Good Question, The reason why EUTO went up to .27 cents the first time was buying. The float was not as large for I believe the 50 million or parts there of were not released into the float. When were they released, I or nobody knows. To say you do is just speculation. EUTO will go back up. How high is really up to: News from the company regarding, the 50 million, the shares that were suppose to be retired ages ago. What else? The new TA actually doing his or her job. If that is taken care of, new investors will buy in, old investor will buy back in, daytraders will appear, and the price will Boom. To where is anyones guess. To go to the range of $2.00 and above will take more then I have stated. I.E. new contracts by the company or a short squeeze which has seemed to beeen lost in the hysteria. Rightfully so I think, because it's hard to have a short squeeze when you don't know the total shares in the float. Once the madness is over and we can get a fix on what the true public float is then and only then can we talk about a squeeze again. In conclusion, you and others must remember that EUTO was over $1.25 in 1995 without any of the contracts or intrest of investors that it now currently has attracted. In the year of 94 the share price was over $1.50. Look to a previous post of mine to find a chart and price anaysis if you do not already have one. Remember also that EUTO has issued warrants that cannot be exercised unless the share price is above $1.00. Companies tend not to issue warrants unless they feel the achievement of the price is attainable. There is no doubt in my mind that EUTO will be at and pass the 1/4 mark. It may not happen over night like many want but seldom is big money made without a little sweat, doubt, and excuse the tense BALLS. GOOD LUCK DR. JAY STOCKID Out of clutter, find simplicity. From discord, find harmony. In the middle of difficulty lies opportunity. EINSTEIN