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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST
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To: Gary West who wrote (2302)7/28/1998 11:18:00 AM
From: dharampal luthra  Read Replies (1) of 15313
 
Hi ALL, I was looking for that article on Month-end MM games but cant find it. Here is the gist. MMs like to show their profits at month end by showing their short sales and the current price. It is once in a month phenomenon. For me it is always a buying opportunity.
____________________________________

ALSO from a LURKER:
I am using PM to share my views with you and several other
FNTN long timers. The thread does not seem to be the same any
more with the newbies, bashers and dumpers creating FUD all
over the thread.

I think the high number of hits on the thread attracted these flies
like honey, and been buzzing all a long telling every body how
great they are, how weak the company is, and how much they have
been profiting from trading this stock.

This bring to mind another aspect that some of them if they are
doing what they claim to be, selling at high and buying at lows,
probably are the cause for the high volatility of this stock. Since
this company is still at its teething phase and very vulnerable to
people using it for such trading. I suspect that they sell 90% of the
their shares at the prices they want and dump the remaining 10%
at market orders, which creates the panic we have seen so far.
They sure to be spreading this philosophy to the rest like a
disease.
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