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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.320+9.8%3:59 PM EST

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To: LowtherAcademy who wrote (30935)3/24/1998 3:33:00 PM
From: VALUESPEC  Read Replies (1) of 41046
 
Lew, sometimes making light of a serious situation helps. I don't like seeing anyone have a bad day, even if they have been my FTEL adversaries. Techncially, a whole number is important. Often when weakness has developed in a stock, the market makers smell blood and let the stock plummet by following an unwritten rule: Get out of the way to see what we can shake out of the tree. Then after the tree is shaken, at least for a moment, the stock can then find a higher base, if the demand is there.

The fact that FTEL went under $ 3.00 is not surprising. If it stays there, that will be (even for me).

FTEL: $2.97b $ 3.06a (just went up)

VALUESPEC
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