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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.791+8.4%Dec 29 3:59 PM EST
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To: SG who wrote (24626)1/9/1998 7:18:00 AM
From: jan fine  Read Replies (1) of 41046
 
For those of you that still can't figure out why the price of FTEL temporarily droped: First when a stock goes from $4 to almost $8 in 4 days it is natural for people to take some profits. Just like when a stock goes from $5 to over $10 in a short period of time. The stock made at least 3 drops yesterday. The one after it hit $7.75 was the biggest but after it went under $5.75 it started right back up. It would not stay under $6 which is a good sign. It stedily rose up to $6.31 after stopping at the $6 range to decide what it wanted to do. The ride up is not over and should continue up today. We will see $8 again, we will see $10 again and we will pass by $12 within the next month. Figure out when you bought this stock and what percent you have gained at $12 and in what time period. Think about where you would get this kind of return elsewhere. Think about if you sell where will you put your money. The sad fact is instead of staying with this winner and letting their profits ride, some people will see and put their money in another stock that will go down and they will loose a good percent of what they made here. I know exactly what I will do. Haven' sold a share in 2 1/2 years and probably won't be selling for the next 2 years.
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