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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

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To: BlueCheap who wrote (440)11/4/1997 12:51:00 PM
From: TechnoWiz  Read Replies (1) of 2897
 
Hi Malcolm, I agree with both you and Brad. Rembember the famous line: By their ineptitude, they handed me a fortune...the ineptitude of the sellers, pehaps?

After a quiet few days of consolidation and following a rejection of lower prices in early spikedown this am, FNTN appears to running a buy to sell ratio of 8 to 1. Its hard to determine if this is it or not, but I feel sure given the structure that has been forming in recent days, that if strong buying comes in and sets new price levels in the 30 to 40 range, then this is going to look very dynamic and we will in all probability get that move I have been patiently waiting for. I still believe that when it breaks out of this range that the activity and price moves will be furious, as the earlier momentum that lifted us off the lows is regenerated anew.

Rgds

Wiz
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