fhtv Fisher Television Corp Message Board

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Microcap & Penny Stocks : fhtv Fisher Television Corp

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To: BigTex who wrote (324)	10/17/1999 3:36:00 AM
From: Patrick Smith	Read Replies (1) of 641

BigTex...... I think that may be an unrealistic price in the next few days. The chart doesn't support it. If the run-up was caused by P&D...you cannot expect the chart to react with a normal pattern. With that said....I can understand the longs here being a little frustrated that the price is so low in spite of the fundamentals. Management is keeping a tight lid on PR's...for whatever reason ...but until they release info....this stock is very speculative. When the market is having a major correction....people don't buy speculation....they retreat to quality...which , at the moment is CASH. Mondays in October have proven to be painful...and this coming one will be no exception....so I wouldn't expect too much in the next few days. However, I do believe ...with the proper PR...this stock has possibilities. I don't think it will or should move in drastic movements....not for a while at least. People become leery of stocks with radical up moves and equally erratic down moves...it only invites further MOMO's. The best thing for this stock now is a slow and steady growth for a while. Try to be a little conservative on your pricing for a while....you want a strong base ...not MOMO's for a quick turnaround. I think you want investors here...not traders. (no offense to any traders...I'm one myself ):-) (As the hour is late...or early depending on whether you're an optimist or pessimist....I will now step down from my soap box once again.....oooopppps...too late...I fell off)

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