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

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To: Rose Rose who wrote (1660)5/12/1998 12:22:00 PM
From: Jim Porter  Read Replies (1) of 2897
 
Open Message to All:

I read this mornings Press Release and really expected to see the ASK increase and the spread decrease to perhaps 1 or 2 cents. However, when I saw several transactions take place at the BID and then saw the BID move down, I had to remind myself that the majority of people who own this stock have real jobs and probably simply call their broker, inquire about the current BID ASK and sell without thinking or investigating further.

Because this is a OTC BB stock, many brokers will not take the time to update themselves on current press releases and honestly expect the stockholder to do the investigating themselves.

It all point to the old saying: We are all responsible for our own actions.

I am long on FNTN and confident in its management team.

Best wishes to all and Good Investing.
.......-jp
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