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


To: James Bender who wrote (4259)3/6/1998 12:26:00 PM
From: 91fxrs  Respond to of 12043
 
Jim, All they have to do is sell a few more shares into the float.
That should pay for the call!

Richard



To: James Bender who wrote (4259)3/6/1998 12:43:00 PM
From: William B. Hill  Read Replies (3) | Respond to of 12043
 
I haven't posted much lately... I guess there just hasn't been much
to talk about. I did double my original position because somehow I
feel there is more potential to the upside and something should be
happening on the news front soon (just a feelin.)

As far as additional shares (outstanding) we can only be sure of the
true count when/if Eutro reports. Free trading shares is more of an issue with me. I believe there is still enough interest here and
outside of SI to keep us stable for awhile. Many of us have had the
opportunity to pick up more shares at these lower levels and I have
the feeling we will be happy we did. You see...its all relative...
if there are mil's of shares out there and maybe more....we can make
a serious dent in the float by continuing to buy at these lower levels
At higher prices (.09-.12) we couldn't do as much damage as we can
now. That was one reason I decided to double my position.

I can see this stock back up in the .20's real soon, but this is
what it will take to get it there:

* Positive NEWS from Eutro regarding status of leaked shares
* Status report on progress of Financials and estimate to Reporting.
* News on status of other proposed deals
* Additional shares being retired (from 50mil issue)
* Eutro using an Investors newsletter for a write up on company

Any combination of the above should spark a higher ratio of buying
to selling and even start another momentum play.

In the absence of any of the above...We can only speculate or decide
the potential of Eutro based on conversations with the company.

....on my way to a million shares

Brettster..........