Financial Intranet Inc. (OTC:BB:FNTN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BlueCheap who wrote (1027)	4/17/1998 3:04:00 PM
From: TechnoWiz	Read Replies (1) of 2897

Hi Malcolm et all: Given the exponential rise in volume over the last 9 trading days, ie. from absolute quiet 1000 on 4/7 to almost half a million so far today, I would have to surmise that the availablity of any more stock at these levels is rapidly drying up. Is this potentially bullish volume profile going to be transferred into an exponential rise in the stock? Very possibly the answer is yes. I continue to hear good things emanating that some positive surprises may be in store and we can expect a string of announcements in the coming week(s). Maybe they just put this one out today to wet our whistles, so to speak. It appears to me as if the dynamics surrounding the increasing turnover in the stock suggests that such a concerted effort to accumulate all possible shars at these low levels would indicate that those buying are expecting much higher levels and a different behavioral pattern than we've seen in the past. The technicals strongly support this. I am willing to bet that we will traverse the 30's in a rush higher once we break through the resistance levels that have recently held things back. Once this new megatrend begins in earnest, the power base building of the last nine months or should drive prices substantially higher. My feeling is that the news and fundamentals will not only support this move but will actually help to propel it. Remember, we are in an environment where anything remotely related to the Internet will be scooped up in New York minute if the hint of a big run is imminent. This is a company that has been positioning itself now for almost two years for what is about to become a very dynamic must have growth area. In other words it's going to be hot. A few days ago, I was looking at Netscape languishing in the teens and was thinking to myself, this won't last much longer, somebody is going to pounce on this baby. I feel exactly the same way about FNTN. The new players zeroing in on this one are going to ensure the word gets out and soon. By the way, there was a nice article on FNTN in the Mutual Fund Market news entitled: "Smile you're on video" that outlined FNTN's services very effectively. May spark some Mutual Fund buying interest. Have a great weekend Rgds Wiz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next