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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: RWB who wrote (325)10/21/1997 8:58:00 AM
From: BlueCheap  Read Replies (2) of 2897
 
RWB, Clarification; I first bought @ .31, averaged down @ .17. FULLY MENT to BUY more at LOW ask of .14 cents. I was hindered by e-mail questions and post on FONR at the time. I missed the .14 cent. I sold my .17 cent position @ .28 (NICE PROFIT) on the RUN to + .50. I never have sold the .31 cent position. I did profit by BUYING & SELLING some shares this past week.

What is STRANGE to me is I had an order in ALL DAY LONG to BUY @ .34. That NEVER FILLED even though the low showed .295. WHY did MY order NOT fill? I'm guessing and hope I'm right, but would the MM's be trying to frighten investors into selling, in order fore them to BUILD INVENTORY. They may KNOW that they can make a KILLING in the not so distance future.

I replaced my LIMIT ORDER to BUY for today at .30, I'll do without those shares I would have given .34 for yesterday because I refuse to Allow myself to get HUNG UP if I can help it. I have enough profit in FNTN that it will have to drop back to .15 cents before I would be in a Break-Even with NO profits. I will ASSURE YOU MALCOLM WILL BE LONG GONE, BEFORE THAT OCCURS.

I just have a feeling that this little company has something that is MUCH NEEDED and where there is DEMAND there is PROFITS.
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