OTCPK:EUCTF - Post by User
Post by
marketsenseon Jan 13, 2016 7:22pm
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Post# 24456062
Collateral Damage
Collateral DamageEUO is just another victim of collateral damage. When markets start melting down like this.
everything gets hit because cash needs to be raised no matter how. Margin players have
no choice but it also creates a lot of nervous investors paticularly in the retired set such as
myself who can't afford and don't have the time to sit around and wait to rebuild their port-
folios. I've been through this in 08 but I was still working then and could rebuild, now I can't.
EUO's cash value hasn't gone away and in fact will beome an ever increasing valuable
asset if markets continue to crash. That day end big buy/sell was very interesting as somebody
had to exit lemminglike off the EUO cliff. Hopefully that is the end of that kind of dumping. If
there is any more of that to come, next stop will be .10 no doubt.