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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: DayTraderKidd who wrote (3976)8/20/1998 7:01:00 PM
From: Cliff Daniel  Read Replies (1) of 15313
 
Hey Peaceful,

No offense taken. I may get back into FNTN when they have a product. I have learned a great deal about the BB's lately and the two most important are: 1) Do they have the asset, and is it producing. 2) Do they report financials to the SEC. Those two, in my opinion, are the most important. Obviously the credibility of management is also a factor.

I bought FNTN on momentum. This has been a peaceful thread. They track record on rolling out revenue producing service has not been good so far. I'll buy back in after they prove themselves even if I have to pay twice as much, as long as the product is worth it. It's just too risky for me. Your mileage may vary.

In my experience with the BB stocks is that most longs are not really longs. There are some, yes. But the others claim long simply because when a group bands together no one wants to be a short term trader. It's good to see a strong group here. However, the Lurker's corner share count is probably way off. Sellers never take the time to report that they sold, it's just nature. Also, take profits when you can! I can't stress that enough and I have seen people end of losing money. Be your own investor and do what's right for yourself regardless of your group.

Some questions I'm researching are: How many shares outstanding for real. Management's history etc. Don't count on the SEC filings to happen overnight. It should take a couple of months.

Again, good luck.

Cliff
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