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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: De Peepster who wrote (12935)6/23/1999 11:24:00 AM
From: Wally  Read Replies (2) of 15313
 
Actually Barbara, it's a two-way street. Releasing news could also be considered manipulation during a filing "quiet period" - which is why most reputable companies shy away from it.

As for your comment, "Isn't it illegal to hold news back in an effort to manipulate the shareprice/"...
I assume you have no proof that FNTN has withheld any news to manipulate its stock value and that you have simply decided to highlight the worst-case, crooked and immoral reason you could come up with for a company to do such.
Unfortunately, you have worded your post to suggest to me that illegality is either a foregone conclusion or a probable explanation. I also assume you didn't mean to word your post that way and like the rest of us you really don't know whether the reason for the news black-out is satanical, or puritanical.. Right?

Wally
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