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Microcap & Penny Stocks : FNLN - FineLine Properties

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To: Frank Brisebois who wrote (30)4/30/1999 7:10:00 AM
From: Cola Can  Read Replies (1) of 66
 
1. What caused the terrific run up near the end of Jan period to according to the charts was almost 4 dollars.

2. Noticed in the last 52 trading sessions that FNLN high was $16 dollars. When and what caused that to happen?


The ancouncement that FNLN would open an e-commerce site.
The chart on Yahoo shows a $4. to $6. run, but that was the
really where the stock ran to $16.00 The e-commerce site
opens today. (supposed to open today, but May 5th may be the
new date. Haven't checked to see.)

3. If the float is small as it is, would this block alot of investors from owning FNLN?

The float is around 800k now, I think. Yes, low float = few
investors = buying makes price run up quick.
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