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


To: JOEY who wrote (4946)3/30/1998 4:50:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 12043
 
93M plus shares at the TA doesn't take much selling to push it backwards, WAKE UP people. It's not always the MMs to blame for the problems.

JeffG



To: JOEY who wrote (4946)3/30/1998 5:03:00 PM
From: Mufasa  Read Replies (2) | Respond to of 12043
 
Just want to jump into the conversation here if I may. Gary Owens' comment about who is long is very accurate as it relates to perception. I find it interesting how our perception of a price at .0468 now is seen as bad(me included), and how 4-5 days ago this price was seen as being a launching pad. What has changed, except now we have verified information that Eutro has a pretty big contract which not only makes the company and stock fundamentally better than it was last week before this announcement, but will have a longer term positive impact on shareholders who will receive free shares of RF. At this point the daytrading should be pretty much finished as this spread is awfully large and it is hard to tell which way the short term price is heading. Those who congratulated management today did a nice service to them as some folks on this thread in the past have said some brutal things about the company's integrity, ability, character, etc. I hope as shareholders, we at least have seen that this company can perform and will restore proper value to this stock in the future. I guess that is what being long is all about.
I watched every trade today...this thing was walked down. Longs did not bail. If that continues, the consistent stream of news releases will get this thing higher as long as it does not have to keep climbing from .02 to do it. Hopefully, tomorrow the price will hold up and we will get more news soon. Sorry for the verbosity, but it has been a very long day here. I think I better go back to work tomorrow.
Regards,
Mufasa