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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: Pansy who wrote (9678)12/31/1998 2:37:00 PM
From: jpbp  Read Replies (3) of 15313
 
Thought so......confession is good for the soul......thanks for the honesty both you and Helene. I suspect you are not alone. Yet longs who hang in there will see a nice surprise pretty soon IMO. Today is the everyone's last chance.....so sell it while you can. (Personally I was unwilling to wait any 31 day period - it's a gamble on my part but I weighed the risk reward and it was a no brainer for me - on the shares that were bought slightly above today's price that is.) Besides I want to get that long term capital gain break for holding the required time. I want my limit at 20 % thank you very much.

I just know that when the tax loss selling season swings into full bloom it can critically undervalue small cap stocks....especially penny stocks. I believe this is especially the scenario we have seen with FNTN in the past few weeks. Any stock that had a good run in the second half of a year but only to be down a good bit from the high (does this sound familiar) invites tax loss selling. I have also watched them leap that first week in January all too many times.

I suspect it will be hard for many to wait till Jan. 20-30 to get back in but we will see. Best wishes to all.

jpbp
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