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

To: don roberson who wrote (1958)5/25/1998 4:34:00 PM
From: Radim Parchansky  Read Replies (1) | Respond to of 2897
 
Don,

I agree with your scenario - the price will go up before the new web side is installed, then some selling after it's up and running ("buy on rumor, sell on news"). Something else to watch for is very fast price increase (to $4-$6) without changing in fundamentals or some verified news with numbers, this might put the stock into a danger to be labeled "pump & dump" and then some investors would take profits to protect their gains. Once the price goes up, I'm sure it will attract MM's and the stock price will go through some "wild waters".

Radim



To: don roberson who wrote (1958)5/26/1998 11:40:00 AM
From: Anthony Darmanin  Read Replies (1) | Respond to of 2897
 
Don,
Thanks, you are absolutely correct about anxiety playing a large role in how much profit a person eventually makes on their investment, it all boils down to greed and fear which affects all of us at sometime or other but if you trust the management and they are competent that in it's self is a big part of the battle IMO. Will have to take a wait and see approach to this one, I'm in no hurry.
Regards, Tony.


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