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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: TechnoWiz who wrote (1736)5/14/1998 9:10:00 AM
From: Bill Fortune III  Read Replies (1) of 2897
 
Wiz, never let it be said that a prudent investor can't discern good information from looking at the whole picture. That is exactly why I posted it so everyone can see that, as you said "Those figures tell a lot about the strength of this stock (FNTN) today (5/13/98)".

Yes there will always be a few who are willing to give away there stock for whatever they get for it. That's OK because they made that choice and allowed someone to get a good buy. Of all the trades on Wed only 19% of them were below $0.80 and this involved only 16.5% of the total stock volume.

Almost all the indicators I use also say that FNTN is to be bought and accumulated. But folks this is only my opinion for what it is worth. Remember that FNTN still has a lot of ground to cover on their way to the finish line. Like any new stock there is always the chance the it could fail so keep that in mind. That last sentence is not meant to be negative but is a realistic approach that should be considered with any new or emerging stock.

My thanks and compliment's to you Wiz for your post. But every post on this thread has Great Value, I hope they are all being read by everyone. I read everyone and wish I had time to respond to each and every one.

Bill Fortune III FNTN Long
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