OTCPK:EUCTF - Post by User
Comment by
Raptorman2013on Apr 01, 2017 2:04pm
69 Views
Post# 26063064
RE:RE:CEO bought 50 k again
RE:RE:CEO bought 50 k again Please Kidl2, EUO is a growing comany who requires working capital. It makes no sense to purchase back shares. The argument you put forward is not balanced at all. Insider buying is a positive indicator - that is for sure. However, it does not mean the stock will go up just because Bruce purchased shares. But it do help to put in a bottom.
This week will be interesting... Personally, I believe Croptimal will be split from EUO and they will be hiring BRUCELOVER as CDO and BROKESHITHOLDER as SFA... haha.
Couple weeks ago, I was more concerned about the share price. It bottomed for sure because they didnt get "new" shares this past week.