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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: JOHN WHITE who wrote (10428)1/21/1999 7:04:00 PM
From: JOHN WHITE  Read Replies (3) of 15313
 
Thanks to those so far who have come forth with their ideas concerning who today's buyers might be and their estimate of the trading float availability. I'll put my guess in the pot at this time.

As more and more companies seriously consider subscribing to FNTN'S services the more aware certain individuals within these companies become with the possibility of FNTN becoming very successful. After a complete investigation by management some of these companies have chosen to come aboard (via contract with FNTN). Every time FNTN completes a contract with one of these new customers the news of this flows quickly within the ranks from top to bottom creating another pocket of highly interested potential FNTN investors who subsequently move to invest as quickly as possible.
If I'm guessing correctly, these new investors will be created in varying degrees with each subsequent new FNTN customer signing for sometime into the future until FNTN becomes more widely recognized in the market place.
And yes I think the trading float IS very tight as has been pointed out by others. We should keep in mind that if today's very slightly elevated volume can move the price as it did, then we might expect an atomic blast-off when a really large investor or mutual fund decides to invest someday.

Of course all of my above thoughts are unproven theory and should be taken as such.

John
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