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

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To: don roberson who wrote (1279)4/28/1998 2:14:00 PM
From: TechnoWiz  Read Replies (2) of 2897
 
Hi Don: All is forgiven. Just thought you all might like to know that Malcolm told me about a stock with symbol PNLK a few days ago which has also turned in an exemplary performance.

What is interesting and to give you some perspective re: FNTN's prospects and support some of the ideas and projections that I wrote about and posted last night.

It is amazing to see how this stock got beaten up right after its IPO just the same as FNTN did and its been trundling along the bottom of a range over a number of months just like FNTN, so the stock profiles look very similar.

The key point is this stock has exploded higher off the base and has already almost completed a full price retracement right back to its previous highs.

If FNTN can eventually do the same, then the price will equal $7.00. And that may be only the half way mark!

The mere fact that this stock has gone from appearing to be a pretty sorry looking situation a few weeks ago to where it is today, should give everyone a better appreciation for some of the many unimaginable ways that stocks and markets can surprise.

As one commentator stated rather eloquently on CNBC yesterday afternoon: When it comes to investing in the Stock Market, your own worst enemy can often be staring at you in the mirror.

Resist the urge to take profits too early and never sell a winner too soon.

Rgds

Wiz
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