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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: Ariella who wrote (3933)8/20/1998 5:27:00 PM
From: Cliff Daniel  Read Replies (2) of 15313
 
Bottoms are hard to pick. FNTN is a great buy in the $1.20s. (eom)


Yes, I agree. However I've seen this same scenario one too many times lately. This stock can't sustain it's level under normal trading conditions, the MM's will not have that. FNTN needs news to keep the current levels - a common thing with BB stocks. I just have seen this same play too many times with other stocks lately and it never did good short term.

Also I am skeptical at this point about the company rolling anything out in a timely fashion. Their track record thus far proves that. And the DNS incident that took over a week to resolve does not look good in the light of a _technical_ company.

As far as "good buys". We've heard that at 1.75 , 1.65, 1.50, 1.40 and now 1.20. Some people on the thread mention that we could see 1.00 again, but not to worry. If that's the case why not sell now and buy back in at a lower cost average?

I also understand that the true longs, which actually only ever amount to 5% of those claiming, will just sit patient. I also know if I had $1 for everytime the same person said they were "accumulating at these prices!" then I would not have to invest. Most of the people aren't really buying they are just hoping to keep the scene positive.

I'm not bashing btw, so don't attack me. I said my peace and I sold all 10,000 shares today with a little loss and rolled it into HMLF, which by the way is filing with the SEC and NASDAQ.

Good luck everyone with your investments!

Cliff
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