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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: Robert W. Dog who wrote (1398)5/1/1998 8:47:00 AM
From: Robert W. Dog  Read Replies (2) of 2897
 
FNTN reflections for today:
Price up OR price level on good volume OR a dip followed by an announcement. That's my personal guess.

The coming trading days are key: will we cross the $1 barrier??
I personally feel like FNTN management is focused on getting the stock price out of pennies range asap and are following these developments very closely.
If the price were to dip today, I feel they will make another announcement right away to make sure it bounces back to current levels or higher.
In feel they have a couple of announcements in store which they will use when they consider the time is right. Exactly as happened with the acquisition announcement 2 days ago, which was released following a dip.

If we stay level at good volume today, that is good. I assume we'll then see an announcement beginning next week (or late afternoon today). If we grow steady and strong today, that is good as well (...).
If we don't cross $1 today, we'll see an announcement beginning next week to make this (final) jump.
(I think we'll end in upper 0,80's/lower 0,90's today and cross $1 next week, supported by another announcement.)

As every time before, FNTN's share price picks up not until a couple of days after announcements. So we all wait and see if price picks up today on the previous IDB acquisition announcement.

PS: These are just my personal guesses. Please do your own DD.
Have an enjoyable day, Robert
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