Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Author51 who wrote (7647)	10/4/1998 3:17:00 PM
From: BlackStar	Respond to of 12043

Hey, I don't know....I just reposted it.......I do think the near term is a possibility. I checked out the chart from last year. And I guess judging from that $2.00 ain't so crazy either......I sure hope so.......Peace Remember that Bobz is mostly about short plays. However, I too happen to think that Eutro will reappriciate in the short term. Not as much as .35 though. I don't think (I don't hope) we'll see $2 for a year or so. I am fairly certain that many of the new people here will move on in a few weeks. Some will stay and to those I would like to say that as things look right now, Eutro is an investment with "very good" upside and moderate downside. Now, don't forget I am talking about a BB stock here... I would not read to much into the stock charts from this time last year. Unless you read them with educated eyes. The reasons for the action back then are very much different than today. Back then there was a short squeeze attempt (in itself a mistake IMO) and several large players throwing their weight around. And then the 50 mil problem happened. A lot of volatility and momentum based on very loose ground. Now even the big guys move with caution. So there is a lot more substance to the share price today. That may change over the next few days if investors decide it is time to trust Eutro again. A near year of making good on promises must bring a reaction sometime. My hope is that we will see some solid appreciation next week. Then again I would be surprised if DTs and momo's doesn't show up. I'm just hoping people stay sane and sees the reason behind any excessive volatility. I must admit that my original game plan for Eutro is a little off (by a month or two). But the main thing is that Eutro is showing all the signs of being sincere and focused in their quest. I think they deserve some credit for their performance. It is very good that Eutro is ready to bring closure to the 50 million share issue. It is also very good that they will become a reporting company. Those two items will take care of the larger part of the investor confidence problem Eutro has had. With that behind us, we can start to look ahead. What I would like to see within the next few months is an announcement of a new company, a new client. Each client takes a fair amount of time to process, so it is important for Eutro to have several clients at different stages in the pipe line. Not all projects work out, remember Santiago Cigar? Eutro is doing great and I am looking forward to next weeks action. Good Luck to All!