Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Al Krasberg who wrote (25489)	1/19/1998 10:43:00 PM
From: Gary E Stein	Respond to of 41046

<<I see some (not all by any means) of the traders as the good guys. They're the ones who provide stability for the stock price by selling when it's high and then buying back in when the price is down. With enough of that kind of trader (like me and my kids), you get the high highs and the low lows damped out, and a more even and less chaotic movement in the stock price.>> Al, I beleive in exactly what you are saying....I also beleive that FTEL will be ,as vic would say it,"north of 20"! But I also beleive that there is nothing wrong with trading this thing until the roof comes off. Vic seems to think that by trading, you are saying you don't beleive. All I'm trying to do is have some fun while waiting!! All the while ,if I miss the boat or if it is halted...I have some for the ride.....My Way !

To: Al Krasberg who wrote (25489)	1/19/1998 11:01:00 PM
From: Stephen B. Temple	Read Replies (2) \| Respond to of 41046

Al: Excuse me for butting in, but you stated> "For a LONNG time, the two of you were exhorting people to HOLD THEIR SHARES; and not to sell under any circumstances". As an Investor in FTEl for over 2 years, I have yet to read any statement like that, "and not to sell under any circumstance". With all due respect, that is totally wrong. ggg RB has stated that he has sold a small per cent and less then 10% over all, with less then that now. Not that its anyone's business. ggg Get it! PeaceBro-Temp'

To: Al Krasberg who wrote (25489)	1/19/1998 11:11:00 PM
From: (Bob) Zumbrunnen	Read Replies (1) \| Respond to of 41046

Thank you, Al. I see your point perfectly and have always maintained that traders such as myself tend to not only take wind out of the highs, we do the same to the lows. Others seem to think that traders do a dis-service to the long-term holders. I've always had a "long" mindset in this one, but do like to trade it, as there's a lot of money to be made by doing so. I've been in and out 3 times in the past 2 weeks, nailing the highs and lows pretty well for the most part. However, though if we do it right, we'll prevent the bottom from being too deep, we don't always do it right. The shares I currently have cost me $6.25 just a few trading sessions ago. :) Even though it's tested my 10% loss limit rule, I always exempt this one, as I know it'll be back. Vic is right, IMO. This one will some day be "north of $20". Traders will make money on it, and so will the longs who can stomach the volatility. My dad has shares of this and he knows of my exploits down to the price and quantity. When he verbally kicks himself for not bailing at $10 and back in at a cheaper price like his son, I have to remind him that he's going to do just fine just hanging in there. Any thoughts on what's going to happen to the price and volatility when we're listed? I see people thinking we'll get away from the volatility but I disagree. There will be brave souls shorting or margining it once it's legal to do so. Personally, I've shorted other stocks but don't think I could ever stand to short this one. A phrase having to do with "financial pain" always haunts me when I have such thoughts. And how'd you like to have been short this one at $3.00 when it made the climb to $10? I wouldn't be able to stand it.