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

To: stockid who wrote (4092)	2/23/1998 1:43:00 AM
From: Ricstar	Respond to of 12043

Don't forget that we are investing in a "penny" stock. What does anyone really know about such companies. They sound good, other investors "hype" the company, and we buy into it. Once in a great while, the company will hit and the stock will make money. But for the most part, penny stocks remain penny stocks. Frustration is exactly what I'm feeling with this company, having lost, on paper, thousands of dollars. I could easily have taken that money I used for EUTRO and invested in a major company. But instead of going for the single, I wanted to go for the home run. And when you go for the home run, you often swing and miss many times before you eventually connect - if ever. The lure of these companies is the possibility of someday hitting that homerun; the reality - of which we are all aware but sometimes want to forget - is that there are many misses. We can complain about management and what they do or do not do all we want. As a practical matter, it won't make a bit of difference. Once we've ignored the "Buyer Beware" light that should have went off before buying into a penny stock, we are often at the mercy of management, for better or worse. Let's just hope that EUTRO is one of the "better" companies that will someday turn us into millionaires. Will that ever happen? My practical side says no. But who needs to be practical all the time. You take a chance, pick up a hundred thousand shares and you're hooked. Because as long as the company is still kickin', we're getting what we paid for. A chance at turning nothing into something. Go easy on James. I've always found him to be a voice of reassurance and reason. We're fortunate to have him on this thread.