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: TAKERA_at_SI who wrote (7894)	10/6/1998 6:48:00 PM
From: Douglas Craig	Respond to of 12043

Looking at the graph of the day's trading, it appears that much of the downside selling was on low volume in the afternoon. The initial heavy volume in the morning took the price up pretty nicely. I would be more concerned if it was heavy volume getting out. Can anyone confirm my take on this with a level 2 view? Doug

To: TAKERA_at_SI who wrote (7894)	10/6/1998 6:50:00 PM
From: E Richter	Respond to of 12043

IT TOOK 4 trading days with 11.000.000 shares total to move it up to still undervalued 7 cents !!! TAKERA, it seems to me that a multiple is a reflection of investors confidence in future success of a company. I am sure that there are still many out there who don't trust EUTO. Couple of promising news releases and unaudited financials don't do much for them. (I am not one of them) One might ask - where is the beef? The point is, nothing says that 3 or 5 or 7 cents is undervalued with the facts as we don't know them right now. ER PS Just playing devil's advocate.

To: TAKERA_at_SI who wrote (7894)	10/6/1998 7:16:00 PM
From: Binder	Respond to of 12043

Gee, I just can't imagine why that would have happened... LOL Binder

To: TAKERA_at_SI who wrote (7894)	10/6/1998 7:48:00 PM
From: Frank Fontaine	Read Replies (1) \| Respond to of 12043

Read Post #7723! Message 5915548

To: TAKERA_at_SI who wrote (7894)	10/6/1998 8:06:00 PM
From: Francois Plante	Respond to of 12043

My view on the reaction today. A lot of investors ( and I mean A LOT)got into euto at a higher price ( .05 .07 .10 etc).some of them have average down during the last year.The longs have been waiting.The price felt as low as .025 just a 2 weeks ago.A lot of buying have been done at that price so a big part of them are taking their profit a fast double or a nearly a triple for some. Afterward..well we should build a new base at around .045 or .05 (I wish so).And the next run up will bring us a little bit higher and down again with the traders and etc etc. I don't think we will see a move like last year .But one thing is for sure.We will need regular positive news from the co because no news is terrible for any co. specially bb stocks. But I think that we are in a good boat for that....lets Eutro work and convince everyone . F.