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

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To: Ronald Kronemann who wrote (1856)5/20/1998 5:13:00 PM
From: BlueCheap  Read Replies (2) of 2897
 
Ron, I remember the symbol you mentioned, but I never owned any. Also, I am well aware of how most OTC-BB's trade, I could get surprised on FNTN but FNTN has already surprised me. I sold most of my FNTN @ .82 and for sure thought FNTN would pull back to .50 to .60 in only a few days. FNTN had one quick litle dip and shot right back up. There was VERY STRONG Support for this stock in the .75 to .85 range for several weeks.
Now we had a soft sell off, I say soft because it appeared to be only a little more selling than buying. When the folks who are positive saw this opportunity, like myself, then a little more buying cmae in and moved the stock up a little. I expect the same to occur again until FNTN reaches the .80 cent level.
If it takes a little time to do that, then that will be healthy for FNTN. That should estabilish a new launch pad to break $1.00.
I said this in a post a few weeks ago and still think we will see this happen. "That if FNTN closes over a $1.00 level on the Bid price, then watch out for the following action." If one is OUT-OF-STOCK when this happens they will have to Chase it to get it....

Just my thoughts, maybe others will comment...
Regards,
Malcolm
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