fhtv Fisher Television Corp Message Board

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Microcap & Penny Stocks : fhtv Fisher Television Corp

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To: Patrick Smith who wrote (289)	10/14/1999 4:49:00 PM
From: BigTex	Read Replies (2) of 641

Patrick..... i have seen this stock trade since 8 cents... based at 18 cents...spiked to 52 cents....based at 23 cents... spiked to 1 5/8...now..i use the charts to an extent...not totally.. too many unexpected events can happen in the interim....now...it is basing at 50cents for the next bunch to come and take it up for us... or news...whichever comes first...i am more of trader than a chartist....so what happened yesterday and the day before was to be expected...you just cannot go from 23 cents to 1 5/8 without a bunch of selloff....but if we use a little common understanding of the way the otcbb is played....23 cents to 1.25=1.50...so divided by two.. we were inevitably going to come down to 75 cents...and then by the time all the folks that thought they were scammed sold...cut in half again...so now we will base out at the 50 cent-5/8 range for appx 5 days with the mm's trying to scare out the nervous nellies...which they will get some...they always do...but at 50 cents..its a safe bet...cause the next spike will propel it into the 2-3 dollar range...BE COOL

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