This is a friendly thread. I've got some FNTN from a while back when it was higher and have it kind of parked in a psychological drawer so I don't run out of patience. I've noticed a couple of insider sells recently:
----------------------------------
WASHINGTON, DC, May. 28, 1998 (States) -- Doulgas L. Nicholson, a shareholder of Financial Intranet, Inc. of New York, N.Y., reported on May 19, 1998 the proposed sale of 2,500 shares on May 30, 1998, for $2, 000 through Equitrade Securities Corp.
WASHINGTON, DC, Jun. 17, 1998 (States) -- Michael J. Daniels, a shareholder of Financial Intranet, Inc. of New York, N.Y., reported on June 8, 1998, the proposed sale of 17,500 shares on June 10, 1998, for $9,975 through Equitrade Securities Corp.
WASHINGTON, DC, Jun. 29, 1998 (States) -- Michael Sheppard, senior vice president of Financial Intranet Inc. of Ardsley, N.J., reported on June 17, 1998, the proposed sale of 80,000 shares on June 12, 1998, for $49,600 through Fahnestock & Co.
WASHINGTON, DC, Jun. 29, 1998 (States) -- Michael Sheppard, president of Financial Intranet Inc. of Ardsley, N.J., reported on June 17, 1998, the proposed sale of 80,000 shares on June 12, 1998, for $49,600 through Fahnestock & Co.
----------------------------------------
Those last two, coming so close to the end of the quarter when I thought the company said it was going to be profitable, give one pause for reflection.
Any comments?
Thanks
Ariella |
