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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: Wally who wrote (10459)1/22/1999 11:53:00 AM
From: T.M.K.  Read Replies (1) of 15313
 
Hi Wally,
The action we have witnessed the past few days IMO shows one observation and that is MMs have let the price take off by it self..

They have been holding the price down for a while around $0.60 that can been seen by the Bid/Ask even when there were large buys , or sells for that matter, still the Bid/Ask did not change much..

I thought they were somewhat ordered to keep the price at this range for a specific reason.. IMO could be to finalise the formalities of the S/H meetings... This is just a guess from my side and could be a bad one as well.. But hey who's complaining !!!

Best to all
TMK
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