THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: Wally who wrote (2307)	7/28/1998 12:39:00 PM
From: Bill Fortune III	Read Replies (2) of 15313

Good morning Wally and all and I don't thing there is too much to worry about. There is some profit taking as many on the thread have alluded to in their posts and this is to be expected. The trading between 9:45am and 11:38am consisted of 101 trades for total shares of 252,800. Based on this the following has taken place. 31 of the trades have been down ticks (trading less then the previous trade) 30.69% 43 of the trades have been even ticks (trading the same as the previous trade) 42.57% 27 of the trades have been up ticks (trading up from the previous trade) 26.73% In my opinion not a bad trading pattern at all. Also I believe that the main reason for the price going done 8-10% so early on is that many of the sellers at putting in their sell orders or market. If this is the case and I believe it is, that in itself will force the price down. If those sellers had placed price limits on their sell orders the price will have held and might even forced an up trending. I am going to let FNTN find and settle in it's new base area of somewhat around the 1.38 to 1.42 area from which it will grow. Remember, just my opinion. Regards, Bill Fortune III CURRENT INFORMATION Price $1.39 Down $0.15 Volume 422,200 (low) # Trades 177 Avg per Trade 2,385

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