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Microcap & Penny Stocks : FINGER/MATRIX (FINX)

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To: Linda Kaplan who wrote (391)2/19/1998 2:06:00 PM
From: J L Segal  Read Replies (2) of 543
 
Linda,

I have been holding the same philosophy in my FINX position as you.
Every time I have been tempted to pick up more "cheap" stock, I have
to remind myself of my original intention. A move of a few cents here & there doesn't make much of a difference to investors. If (or when)
FINX ever closes any deals, the stock, with less than 10MM shares outstanding, will most likely move much more than just a few cents.
The percentage gains lately are for short term traders & speculators.
Personally, I would prefer FINX to make it on their own for this very reason. The reward potential would be much greater.

Judging from the way FINX has been trading lately, something's cooking. (now 0.39 - 0.45)

JL

p.s. I am a long term investor in both FINX, IDX & (small position) NRID + occasionally trade IDX options.
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