Post by
Ringert on Oct 10, 2017 10:22am
And the selling continues...
More and more people underatandably start giving up on EUO. Something tells me we're not even close to the bottom here yet.
Comment by
Ringert on Oct 10, 2017 11:09am
At the current market depth we are only another 700k dump away from 0.02. We might be nearing the bottom at that point, but I guess there's only one way to find out... By the way, could it be SICPA offloading and taking some of their losses as anonymous to hide their trading untill they have to report their insider trades?
Comment by
tpaymans on Oct 10, 2017 11:19am
Ringert, you show little knowledge: Again SICPA only bought 10% of the shares to get someone on the board of EUO. They are not going to sell them. And your intrest in EUO together with some others is pathetic. Not healthy to stay around if you have no intrest in this stock.
Comment by
Ringert on Oct 10, 2017 11:38am
Well if you had any knowledge you'd know that SICPA owns 12,98% of EUO. Since they only need 10% they could very well be cutting down their holdings to just above 10% to take some of the huge losses they already incurred.
Comment by
tpaymans on Oct 10, 2017 11:51am
Maybe it is smart to sell almost 3 mil shares with a loss according to you, I do believe it isn't.
Comment by
Ringert on Oct 10, 2017 11:53am
It is if you expect the losses to become even bigger over the coming months/years. And personally I am someone that truly thinks that will be the case unfortunately.