OTCPK:EUCTF - Post by User
Post by
shawshankon Jun 09, 2015 11:24pm
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Post# 23814163
Share price action to me is confidence building
Share price action to me is confidence building Stated yesterday thought some consolidation would be a good thing to see coming into EUO in the .15 to .16 .165 range and base there to form a good solid footing before approaching the beachhead thru the .20 barrier.
So the price and volume action to me and in my experience in the markets?
Was good to see.
A month ago hardly anyone was following EUO other then some interested
in the story and taking a position and conducting DD-like yours truly.
Now the thread is inundated with some new names-which is also healthy
as you need new blood coming in to move valuations meaningfully and with
with share price support indicative of a secular investment trend reversal
underway vs just another momentum based trading rally.
The Frost and Sullivan Industry award and the Gold Report that followed were not
enough on their own to see the large influx in generated volume and nearly
3 bagger as of yesterdays intraday trading in the .175 from the .06 and .055 valuations
less than a month ago.
There is something else going on here-and this is a secular growth story in a sector that is poised for substantial if not explosive growth and EUO is still early into its commercial application rollout phase-we will IMO see the low hanging fruit albeit with a long lead time to
securement of contract sales-show itself over the coming 3 to 6mth calendar year ahead.
WIth the implementation of entry into other verticals with this tracking technology not only will EUO create mutliple diverse revenue streams for itself-its gonna attract a lot of attention over time and in due time as a takeover target for theCarlyle Group IMO (and as per the Danny Deadlock last writeup on EUO) as we move forward and a shareholders rights plan to be adopted.
One of thee lowest PIA factors in the small cap space to own-even if situated on the venerable TSX -an exchange that still to this day alot of investment houses and individual investors continue to be less than enamoured with.
GLA
SS