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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: don roberson who wrote (9763)1/4/1999 12:42:00 PM
From: James P Anderson  Read Replies (1) of 15313
 
Don:

No one likes to hold a stock that is declining in price or simply treading water especially if their holding is under water. I have been there and done that in all kinds of stock. Usually, when it looks the bleakest is the worst time to bail out. When the price rises it gets the attention of buyers especially the lurkers.

FNTN has a lot of long term holders that's pretty evident from the price and volume action. When the price goes down the volume dries up. When the price moves up the volume goes up. I've always believed that is a very positive sign.

You can rest assured that at the first hint of good news the price will fly. And at that point there will be profit takers. I suspect that there will be lots of profit taken between $1 and $2 because of that overhead. Of course, if we have a great stock as some of us

believe taking profit anywhere under $2 is a big mistake. Before FNTN becomes a great stock it will shake out all the weak sisters just like AOL and most others JP
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