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: Radim Parchansky who wrote (4052)	8/21/1998 1:45:00 PM
From: Cliff Daniel	Read Replies (1) of 15313

As I just posted to Wally, quick recovery would mean that the drop was caused by MM's and MM's wannabe Perhaps a different view on that. You could say that the MM's had something to do with the price drop. It was mostly due to lack of buyers and more people selling. Now once they drop it down to a certain level and attract a bunch of sellers it is now in their best interest to make some profit off of the shares they accumulated. They bought a ton down to a buck. Now they will let it run up on a little buying reaping the benefits all the way up to this level. If the buying slacks off then you could see the same thing. The 80's aren't far off, imho. Cliff

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