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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.550+1.4%Jan 9 9:30 AM EST

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To: larscot who wrote (21182)11/13/1997 2:19:00 PM
From: George Kirlin  Read Replies (3) of 41046
 
Larry, stock prices work on supply and demand, if there is more of a demand by the institutions or public, we are the ones that push the price higher. This can also be known as the next greater fool theory. Market makers also play on our fear and greed. On the OTC:BB, the MM can play some games amongst themselves to lower or raise prices because there is little if any enforcement that ever goes on here. However, if no one sells or buys while prices are being fooled with, then, the MM are defeated. You must determine for yourself, the value of your investment, and it's fair value. Over time, short term volitility has a way of smoothing out. However, you have to know your company, and feel very comfortable with it. Some invested in FTEL, are that way, others are just playing it for it's swings in short term stock price fluctuations.
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