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


To: Bill Fortune III who wrote (1537)5/6/1998 5:31:00 PM
From: Ariella  Read Replies (2) | Respond to of 2897
 
Guys, I got some of your so-called "cheap" stock, although since I
wasn't in FNTN three weeks ago, cheap is very relative. If you
watch intraday charts religiously on companies, you'll see on this
one that on light volume days the price ALWAYS moves to the bigger
blocks. I bid .80 cents early in the day and only had to wait
till afternoon to get my shares. Of course, minutes later, someone
else got his/hers for .77. Now that's cheap! <G>

A lot of people on SI are expecting too much from this stock in the
short run and throw phrases around like "big momentum players are
doing such and such" without really understanding what that means
real time. Volume was light enough today that there were no
BMPs. Just some seasoned traders/investors and the usual suspects
who dabble in penny stocks. This one needs a chance to fully form
the base at this level -- or a dynamite announcement that will
raise the stakes to a new level.

The press releases from this company are just what one would expect
from an OTC:BB company: full of promises, empty of numbers. I've
invested because of the concept and those million-plus share days
recently. Am hoping the management delivers on its near-term
promises. At the least they should have website soon.....fully
reported numbers are a necessity for this stock to take off.

--Ariella