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: Bill Fortune III who wrote (3278)	8/10/1998 11:21:00 AM
From: Jim Wood 2	Read Replies (2) of 15313

I'm new at this business but was wondering what was happening this AM. There were a lot of trades at ask and almost no rise in the ask. Was this because a lot of day traders came in thinking it would go up fast and the MMs not wanting it to because of not having the shares to trade and not wanting to short this stock kept the ask down until the discouraged day traders decided to get off at a lower price? Do the MMs make more this way than if if they let the few shares they have go at a higher price?

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