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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock?
XNET 7.210-2.4%Dec 26 9:30 AM EST

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To: LT who wrote (412)3/16/1999 3:20:00 PM
From: FFNEODOC  Read Replies (3) of 1593
 
Just got off work after a 36 hr shift, Don't you think any stock that's run up 400% in less than 3 days is going to be under some selling pressure regardless of how undervalued it is? It was my understanding from some previous posts that there were a few very large purchases on Friday (>100,000 shares) The few of us that got in at less than $.50 & have been holding for a while, have taken some profits and are now watching closely for an opportunity to re-establish (if not exceed) our original positions.
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