OTCPK:EUCTF - Post by User
Comment by
Playa2012on Jun 10, 2015 3:54pm
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Post# 23817342
RE:RE:RE:RE:Support
RE:RE:RE:RE:SupportCouple pennies here or there doesn't really matter. 14 cents now and it should start to ring some alarm bells for a pull back that is basically all but wrapped up soon. Profit taking is important but too bad they are selling below 30 to 40 cents. Buyers are happily willing to absorb.
All a common cycle but make no mistake - EUO is worth atleast double the current sp. Throw in a premium and it should be in the 40's. But buy cheap now - who cares about a penny or 2 squabble imo.
Bruce is quite pleased with the market reaction to the latest Q numbers and stated that they are now on the cusp of rolling out their strategies. He stated and wants the stock in the 30 to 40 range and to me or any seasoned investor that can only mean one or two things. A potential strategic fund enters at that level and brings in capital to fuel further growth or funds for an accretive acquisition.
I also got a strong sense that news of some sort will come pretty soon based on his comments throughout our conversation. At these levels we cannot go wrong at this stage of their growth cycle. For any new investors such as myself - think long term.