OTCPK:EUCTF - Post by User
Comment by
xsnrgon Mar 10, 2016 5:38pm
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Post# 24645634
RE:RE:RE:Long
RE:RE:RE:Longstack wrote: I'm still averaging up, so more likely to be buying than selling at this point.
Considering some of the absolute dross that is going up 50 or 100% on the Venture in recent days, if EUO does come out with significant news, there's no reason that the stock price can't overreact on the upside, even if its just short term. So we could see a spike to levels many of us haven't even considered yet.
Of course, not wanting to jump the gun here and slow and steady is fine by me also.
You bring up a good point stack. A lot of posters use the following logic: EUO is going UP when the venture is dying a no-so-slow death...imagine when things pick up on the venture! EUO is going to explode. I actually believe we benefit as the venture dies....EUO is one of the few safe bastions out there and oh by the way we also have 500% upside. I dont disagree entirely with anyone's logic as long as they are long EUO....no one can dispute that. Venture good = EUO goes up...venture bad = EUO does up lol It must be true as I haven't even see one basher on this board and this is stockhouse...a cesspool of bashers.