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


To: jkbailey who wrote (7927)10/7/1998 12:35:00 PM
From: James Bender  Read Replies (3) | Respond to of 12043
 
It looks like we may have found a temporary bottom at the present price...The company now is in charge of taking care of the share price by taking care of business. I have been thinking lately that the company should not put out a PR ahead of the 2 companies...The reason I feel that way is because, if you do, the same people killing the stock right now will just buy back in and do it all over again....BUT

If the volume picks up on it's own with no word from the company then by the time people know for sure what is going on the price should have appreciated greatly and if you want in, then you will have to pay a higher price,,,,keeping the traders from bringing the price to it's knees again....then later but before the companies are done buying EUTO puts out the PR announcing the buy back is in progress..........just a thought ...........Jim