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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: TechnoWiz who wrote (484)11/7/1997 11:11:00 AM
From: John Fairbanks  Read Replies (1) | Respond to of 2897
 
Tec, yesterday was weird. If the buying pressure we has seen the
previous day had continued we certainly would have gapped up,
but instead, the pressure turned 180 degrees and despite very heavy
selling the price remained at .35 for several hours which REALLY
surprised me. With the kind of action we were seeing I would have
been backing the price down if I were an MM since there weren't
any buys to offset the pressure. The day before it was the other
way around and they did raise the price although slowly.

I have to say that I really don't understand this stock... it seems to
trade differently than any other stock I follow. When you drop an
object and it falls up instead of down it's enough to make you wonder
if you're upside down and completely confused.