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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: Bill Fortune III who wrote (8350)11/25/1998 10:00:00 PM
From: GregB  Read Replies (2) of 15313
 
Hi Bill

IMHO there is no doubt that the MM's have controlled the stock price all week. I have went over the trade history of FNTN for the past 7 months and we have never lost share price on this kind of sustained volume.

What I think is going on BIG investors want in and can't find the shares because nobody is selling. The MM's walk the price down with small sells. They create fear that we are going to re-visit the sub .50 levels of some weeks ago, some investors are not willing to go there and sell, WAL-LAH, shares available for the big guys! Hence the up and down movement of the past few days.

After the big boys fill up their tank with cheap shares this baby will take a u-turn and head north. This probably will not be the last time we see this kind of action, but I think things will improve greatly heading into the shareholders meeting on Dec. 21, FNTN would have to be insane to meet with the investors in the mood they are in at the present time. Its time management brought some peace to the valley. Just my opinion.

A Happy Thanksgiving to all

Best Regards
GregB
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