JNNE - Jones Naughton Profits Via Mass Market Retailers Message Board

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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: BarbaraT who wrote (941)	9/9/1998 12:47:00 AM
From: Tom Dorsey	Read Replies (2) of 4624

Barbara, The selling is not surprising! The most ardent supporters of JNNE who hold a long term core position said they would sell into this anticipated rise... The quote I remember was (to paraphrase... from .04 to .06 is a double). If you watched the tape you saw nice buying at .075 to .08, but then selling at .07 cents. These same folks who sold I suspect bought back in at .05 cents and took there $1500 dollars smiling!!! Who could blame them?? The litigation over hang, and the instant selling limited the stock from any short term move. JMHO!!!! Tom

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