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


To: jan fine who wrote (24628)1/9/1998 8:32:00 AM
From: Rick  Read Replies (2) | Respond to of 41046
 
I agree Jan..let's say it goes to 7.75 again today & then drops back to 7.5 & then someone anticipates that maybe it will go to high 5's again for trading profit & do the same thing it did yesterday -- sells at 7.5 & then it closes at 8.5 - ha ha. Oops - bad assumption. You just never know...which is why I sit still. What I DO know is that FTEL suddenly has leverage "in the bag" & contracted for -
which makes me feel very very good at these prices, as there is only huge upside. It can flip all around in the short term - but the LT trend is up up and away - TWA. The NASDAQ listing will definately help to decrease the volatility. (Not that I care if it's vol. -- as long as the trend is up - (which it will be))