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


To: Gecko who wrote (7892)10/6/1998 5:46:00 PM
From: Jim Reome  Respond to of 12043
 
Gecko,

My thoughts also.

1.5mil shares is no volume and no money at the prices today. MM's did okay with the spread they kept most of the day. Those selling may have made their double but I believe we have not dented the news to come out of this company that will create some volume. Company is making efforts to regain investor confidence just by the the recent activity. Heck less than a month ago we were at .025. This is not a turn around but a definite improvement. We still have a bunch of shares under 3 cents and we will see volatility at the 7cent range and the spread will be sufficient with the MM that sellers will see 6 or so on a 7 ask. The key in my mind is that when Euto has put some things to bed and regained investor confidence the people who want back in will need to pay a little more and I am sure thats fine with them. Lets see what happens in the next 48 hours or so from the company. They have more to come, watch and see.

Regards,



To: Gecko who wrote (7892)10/6/1998 5:47:00 PM
From: TAKERA_at_SI  Read Replies (6) | Respond to of 12043
 
Did you notice:

A) Eutro on it's deserved way up:
BASHERS appear out of nowhere and damage the Board Attitude with mostly NONSENSE
B) After the Damage - Eutro is once again on it's way down
The BASHERS disappear and it's quiet again - Job done - eh'!
C) IT TOOK 4 trading days with 11.000.000 shares total to move it up to still undervalued 7 cents !!!
D) IT ONLY TAKES one day like today to destroy it down to 50% of its previous value with only 1.500.000 shares traded

And this all happens on excellent news
WHAT IS WRONG HERE ????????????????????????

Don't try to explain it with Buy on Rumors Sell on News - This has no merit in this case because this Stiock it mathematically extremely off and demands a legal correction anyways
Can we stop this nonsense - Any comments to this

regards
Harry