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


To: stockid who wrote (755)12/30/1997 1:32:00 PM
From: timmask  Read Replies (1) | Respond to of 1667
 
As the price dropped this month, do you think that they have been replenishing shares that might have been used when the stock was trading .10 - .11? If I remember correctly, there was tremendous buying at that time and little selling. The shares that were bought had to come from somewhere, correct? Along that same line December(except for the last couple of days) has seen tremendous selling with little comparitive buying. These shares had to be sold to someone, correct?

Just asking, as I don't have a real good handle on how MM's work.

IMHO, we might be able to attribute much of the selling characteristic of early DEC to tax purposes, although the weak newsletter did not help. Many of those who bought when this stock was .20+ would be able to take a large loss for a tax benifit.

Thanks,

TIm