SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: MicroKing who wrote (15017)2/2/2000 9:07:00 PM
From: DesertRat1  Read Replies (1) | Respond to of 15313
 
Greg,
Don't get me wrong. I will look back to buy FNTN again when it gets near .20. Not that I hope that it will for all the investor's sake. It's just what I think will happen after learning what I've learned since being in this stock for almost a year, and watching it for about a year before that.

Fact: We had a two+ week run on this stock with huge volume. Everyone kept asking/wondering "why such high volume and such strong buying action, but the price doesn't seem to pop. Seems like we should be at .75, 1.00, etc." IMO the answer is that the company was selling into to the interest. (i.e. 10% dilution). Now, I don't know why, true, but can only guess. It looked like the best time for them to do it! I.E., the two week run is over, and now the price will settle.

Good luck, I will be lurking mostly, but of course give my 2 cents every now and then,...sort of like Bill Fortune III.
DRat.