Euro Tech Holdings Co Ltd (CLWT)

[taegher]

In my humble opinion this price per share will soon be on it's way back up. This is NOT the time to sell. There are only 800 shares short as the big boys have left to play with other toys.
This will go up as much as a dollar per share over 5 -7 trading days when it turns positive even without any NEWS. This is what to watch for; - the downward momentum trend slows, the trend reverses for 2 - 3 consecutive days, and volume itself picks up even by a little.

The facts;

* CLWT was predominately trading in the $3.70 to $4 range all year long before the positive earnings came out

* CLWT attracted the attention of major shorts the night before the 370,000 shares traded by hitting well over $5 per share in after hours trading and with such a small float CLWT was pummeled down. It could have gone the other way but the overwhelming momentum that day was down. Those shorts are gone.

* Both the earnings and the revenues have risen over the last 2 years and CLWT is now back to profitability

* The amount of shares "short" has dropped back down to approximately the same number as before that earnings fiasco shorting day of last week. There are now only about 800 shares short which is very very low

^* The The Ballast Water Convention goes into force on Sept 8, 2017 and as the date draws closer will attract more global environmental attention and NEWS awareness

* Any contract in this regard will likely quickly push CLWT well past $5 and into $7 plus territory