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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: JOHN WHITE who wrote (15075)3/1/2000 11:58:00 PM
From: Jon Khymn  Respond to of 15313
 
John, thanks for the encouragement.

Actually I had few shares of FNTN for over a year now.
I forgot how much I paid for it... around buck I think.

I believe FNTN has a great potential.
Bought a big chunk this time. (at least for me anyway)
No intention of selling it anytime soon.
Will retire when FNTN goes to 20. (yes, 20 bucks not cents) <G>

Web



To: JOHN WHITE who wrote (15075)3/2/2000 7:28:00 PM
From: BlueCheap  Read Replies (1) | Respond to of 15313
 
Web, John White is EXACTLY Correct. Over time I have developed a strategy which has worked VERY well for ME. That doesn't mean it would for everyone. Patience always pays off and if one has a little risk tolerance, buying more shares at a little lower price can become very profitable.
Let me tell you about MY first BUY into FNTN in 1997.
I bought 10,000 shares at .30, later it dropped like a rock to .14 cents. I picked up 20,000 more at .17. With patience I was given the opportunity to sell those shares at .53, ovwer doubling my investment. I patiently waited for the stock to pull back and it did, then I bought 50,000 at .25
Opportunity came to sell those at almost $1.00 and I was out at .82. Back in at .58, out at $1.21 & $2.06 when FNTN ran to $2.25. Traded it several more times and out for a while.
Been back in 3 or 4 times at .12 up to .50.
However, IF I am not VERY careful, one of these days FNTN could take off to some impressive NEW HIGHS...
In fact I intend to take a position and perhaps I can contain my desire to TAKE Profits and HOLD a CORE.
Now let me tell you what it feels like to get LEFT standing at the airport watching YOUR Jet Take OFF.
I had traded LGOV since 1995, trading it from .10 cents to .50 or a little more. Late 1999 I had a 30,000 share position in LGOV at .095 cents. It Ran to .40 and as usual I was OUT with a nice profit patting myself on the back once again. It did drop back to .25 but I was going to wait for .10 again, why not it ALWAYS HAD. Well, LGOV took off to $3.90. My $3,000 investment at $3.50 would have had a value of $105,000 or a $102,000 Profit.....
This SAME thing happened to me recently in FONX and also in WITD (now EPWN) also in MCTL. Heck I had 50,000 shares of USHO recently at .01 cent and sold the very next day for a little $125 profit because I didn't expect anything. Within two weeks USHO hit .35 cents. My little $500 investment even at .30 cents would had been worth $15,000.
So you see, I'm not so smart. Now I am consistant, with very few loses, which can happen. I know because #1. I put TOO much into one in 1996 and had a great profit but I stayed in TOO Long and lost it ALL, $110,000. Now THAT will MAKE you TAKE at least your original investment OFF the Table, which I consider a WISE move for anyone in this penny stock game...

Just thought I would share all this and say that John is right. One can make HUGE Profits by Holding a CORE position.

These are my Thoughts and Perceptions.
Malcolm
BlueCheap



To: JOHN WHITE who wrote (15075)3/8/2000 9:29:00 PM
From: walleye  Read Replies (1) | Respond to of 15313
 
Hi JOHN,
I took a small position in FNTN today. Your information and links gave me the information I needed. Best to everyone here.

WALLEYE



To: JOHN WHITE who wrote (15075)3/24/2000 9:10:00 PM
From: Jon Khymn  Read Replies (1) | Respond to of 15313
 
>>>more than likely you'll be a very happy investor in 6 months , a year , and two
years from now. Buying FNTN at .40 will (IMO) be held as a very sharp move on your part when viewed in
retrospect some time from now.<<<

John, just after 3 weeks, I am already a happy "sucker who chased FNTN to 0.4".<g>
After breaking 0.7, it was a breeze to 0.8
Now if we can just remove that "point" in front of 8, I'll be retiring <g>

Have a nice weekend,

Web