SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fredman who wrote (7671)10/31/1998 6:00:00 AM
From: BlueCheap  Read Replies (2) of 15313
 
Fred, I agree, picking a bottom is very tough. Doing this is a BIG part of my strategy for trading stocks. In fact, when first buying in, buying at or near a 52 week low is part of the criteria I use. So far I have done very well with this strategy but like you said But anybody that predicts any kind of a 'bottom' for anything is an idiot.
I sure have made myself an IDIOT several times. Most recent was thinking that Fonar Corp (FONR) just Could NOT possibly drop below $2.00. Well, not 0nly did FONR drop below $2, investors sold and the price hit $.97 cents on the Bid, $1.00 Ask. Nothing had changed at all, just frustrated investors selling stock in a time frame when no one was looking for ANYTHING.
So, It would appear there is strong support for FNTN in the $.50 to $.70 cent range but Never say NEVER :^) I'm learning and toning down a bit on PREDICTIONS. I still have plenty of PREDICTIONS but learned to keep them to MYSELF
Better to be thought a FOOL than to open your mouth and remove ALL DOUBT. A true statement that's hard to do.

Regards,
Malcolm
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext