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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: Earl Robison who wrote (19832)10/29/1997 2:22:00 AM
From: james reinhart  Read Replies (3) | Respond to of 41046
 
ER, The recent run up to ten IMO was orchestrated by the mm's
in order to get shares in hand from the inevitable sell off which
comes after a run like that. They KNOW it's (share price) is gonna go
much higher, mayby $20/shr, so instead of trying to drop the price
and shake the tree (which no one was buying, no pun intended)
they've got more shares in hand by doing the reverse. They've got
many shares (cheap) at $10 and can continue to make a market as
we rise to $20, $30, who knows. I hope this makes sense.
Thanks to all those who bravely went to NYC and reported back to the
thread from the front lines.

FTEL RULES!!!!

JR