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

To: TechnoWiz who wrote (704)	1/21/1998 3:21:00 PM
From: BlueCheap	Respond to of 2897

Techno, Do you think having TWO positions in a stock and treating it like two different stocks, TRADING one position and HOLDING one position is not a good strategy. I'm doing that with 3 of the 4 stocks I own, which are FNTN, FONR, & MSN. Own one position in HTEC but just looking for a profit in it. It may not do it and you would likely see that before I could, but FNTN appears to be slowly drifting back down, where I fully intend to Buy the position I sold yesterday back, and I sold at .53 cents, would have sold sooner but had to wait on brokerage to take my call. Also if I do get that opportunity, I will be able to BUY MORE shares than I had by using the profits from yesterday. THIS STRATEGY is what gave me the opportunity to take $7,000 a few years ago and turn that into a very sizable sum in my view. If I liked a company I wanted to own as much stock as I could, the only way I could do that was by selling on a nice percentage gain and being patient and buying more shares than I previously owned, as I now had profits to do it with. I may come off as boasting & gloating, I don't mean it in that way. I'm 52 years old and untill after 40 I just got by from week to week, untill I started TRADING stocks with that $7,000. So I suppose I do get a little overly excited, barbers don't make much in a town of 2,000 people. If I had not used that strategy, and only HELD, looking at the stocks I have been in, I wouldn't be very much better off than I was when I started. In the only tackfull way I know how to put it, The Blue Cheap Stock Trading may not be for ANYONE except me, and it may be exactly the WRONG way, however my BUYING POWER is proof that it WORKED FOR ME. Will BUY more FNTN back at under .40 cents if the opportunity presents itself, which is my intentions? If I do then great, if not I STILL Own enough shares in FNTN to rejoice with everyone when it goes to your expactations, whatever they are! I hope EVERYONE makes a BUNCH on FNTN, HOWEVER THEY DO IT. Respectfully Malcolm Lindsey