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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 (2481)6/22/1998 6:07:00 PM
From: don roberson  Read Replies (1) | Respond to of 2897
 
All I can say is that volume kicked in big time and there has to be a reason. Is the stampede about to start.????



To: Bill Fortune III who wrote (2481)6/22/1998 7:09:00 PM
From: Radim Parchansky  Read Replies (2) | Respond to of 2897
 
Bill,

BB stock move significantly on rumors and news. I liked today's volume and this might be a sign of possible price upward movement. I predicted two weeks ago two dips in DJIA's, movement towards internet stocks and after the big names SEEK, LCOS, YHOO, EXDS, XCIT (hold all, purchased last week) become expensive again (few more up-days) investors will look for cheap internet stocks.
Still news is the key unless you're a day trader (with DLJ it takes forever to conform OTC transactions, so I can't day trade this one).

Radim