Eurocontrol Technics Ord EUCTF

Back to Reality

[xsnrg]

Thank you gentlemen for the weekend entertainment, it was great banter.

Now back to business, it appears the ask size at 16 has reduce from 1000 to only 300, the sellers are getting a little weak in the knees and smartening up.  I hope the stockhouse outburst on the weekend convinces some retail guys to buy the 16's.  Right now it's just institutional buying which goes to show how clueless the typical retail trader is.  Once we blow through the 16's it blue skies to 20+.  I expect a couple penny rise each week as we march to Dec 18th.  I still haven't received my package in the mail, maybe they are getting competing bids and don't know what to do :)

On the topic of Bruce responding to a select few, it depends on how he is doing it.  If he responds to everyone and you just haven't emailed Bruce well then it's your own fault.  I did email Bruce and got no response a few months back so maybe he is being selective and that I don't like.  On the other hand I don't mind having the same insight as the general market does.  After all it is the market who ultimately dictates the shareprice so me having a piece of info that the market will never know about is useless (unless it will become common knowledge at a later date but that is insider trading).

I've had CEO's lie right to my face, one even told me things we're looking great the DAY before they filled Chapter 11 and halted the stock.  As always I recommend pulling in as much info as possible but never rely on any single source for your information, including PR firms that are paid by the company.  

Remember none of these people will even say "gee we ran up really fast, we might have gotten ahead of ourselves, I would sell now and maybe buy back later" or any other piece of sane advice.  They will always tell you to buy more and hold what you got.  Think of them as the most biased stockhouse pumper you have even come across.  I am sure you know the type :)