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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: sammaster who wrote (604)7/16/1998 10:15:00 PM
From: Bill Fortune III  Read Replies (1) of 15313
 
Evening Samir and all, and if any of you would like to see a little more volatility in the trading of FNTN a lesson can be learned for one of the stocks Samir, Norms and myself are involved in. The ride that stock took today hopefully will not happen to FNTN, but there is a chance it could. In capsule form here is how it went on that stock.

1. It closed on 7/15 @ $0.405 up $0.13 from the previous day.
2. It opened on 7/16 @ $0.44
3. It moved within a matter of minutes to $.055 increase of 36% from the previous close
4. It traded 6,661,300 shares today
5. It had a total number of 859 trades for the day
6. It closed the day at $0.37 down $0.035 (9.5%) from the previous day and down $0.18 (49%) from the days high.

What a roller coaster ride! Like I said I don't want to see too many of these types of days for FNTN.

Regards,

Bill Fortune III

Samir, I don't have an answer for your question(s) in Post # 604. Maybe Ann or Wiz can help all of us with it.
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