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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: TsioKawe who wrote (5572)9/9/1998 8:44:00 PM
From: Cliff Daniel  Read Replies (3) of 15313
 
Cliff..at what price do you choose to buy at? EOM

I would only buy FNTN after it has did the following in order:

a) Developed a product, marketed it and sold it.
b) Filed with the SEC.
c) If they get signficant market cap, revenue etc, before big boys squash them out (if they do)
d) Files for NASDAQ, which they will have to meet the requirements.

I will not touch this stock until it meets those criteria. You may be saying, "Well that rules out an BB stock!" Yes and No. I have to admit you can find some good hype jobs to make a quick double occasionaly, but those are short lived spikes, just like FNTN's.
I would guesstimate about 1 year before it could meet my criteria, now that it appears to have been played out by the hypersters and promoters.

When do I know it's too late for a momentum trade? The volume drops 10 fold. Price goes down on little volume. To me, that's when it's time to call in the dogs.

Just my opinion.
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