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

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

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To: dharampal luthra who wrote (1846)	5/20/1998 1:51:00 AM
From: TechnoWiz	Read Replies (1) of 2897

Good Evening, 'Strong Hands Harry': On the contrary, fundamentals continue to improve. When stock price diverges favorably (or unfavorably, depending upon how you see it), with improving fundamentals it usually means: 'Screaming Buy'. Not being one to ordinarily comment on the intraday action or stock portfolio movements as some do, I will however say this about today's dramatic action: Sometimes, when a stock price is having trouble breaking through a resistance level or out of a flag formation, it backs off suddenly to re-energize itself for the next assault at new highs. You may have noticed this happened with a number of recent high fliers that following a heart stopping correction or two, still ended up going significantly higher. I suspect something like that is happening here and could set the stage for a stronger rally off a better, re-tested base with a potential spike bottom. Rest assured, I was in there standing alongside with you at your bid today. It will take a lot more than a brief caning of the stock to quieten me! Big boys trying to shake out weak hands, so they can buy more shares for less money...Smart strategy. Rgds to all Cool Hand Wiz...

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