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


To: Bill France who wrote (21171)11/13/1997 12:20:00 PM
From: James E. Glover  Read Replies (1) | Respond to of 41046
 
Bill:

This is not a flame. But you are absolutely correct about the MM controlling all here! MM buy low and sell high. The best place for them to accomplish this is in a stock where people are paying attention. They are engineering this. Make no mistake about it. The question you have to ask is would the MM even bother if there was no upside to this stock. They are going to drive this down to the lowest price (so far 4.96) to see if anyone wants out, then they are going to sell those shares at highest possible price. Guess how high the price has to be before they sell them? Look for a giant rise and you will have your answer. And that rise will be substantially there before the events being discussed on this thread today,

Hope this helps.

Jim G



To: Bill France who wrote (21171)11/13/1997 12:36:00 PM
From: P.F.  Respond to of 41046
 
I for one love these guys(MM's), after we're listed we won't get these fire sale prices! Come on guys knock it down some more, it's like I've died and gone to a huge discount sale.
Let's see better have some of that PRIA, and look at the price on that Teredyne.
Oh my God did you see what their asking for ftel, where can we rent a truck! And they say a buck ain't what it used to be.