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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (200)7/8/1998 10:07:00 PM
From: sammaster  Read Replies (1) | Respond to of 15313
 
strange that at least 78% of today's trades were buys but the stock price did not move up.
scenarios...
1)mm have lots of shares secondary to share influx( probably not true since i have not heard of any new shares being released in last few months)
2)mm are short and are keeping price down to cover(they did short it all the way down to .13)
3)there is major accumulating going on by a big player(institution) through the mm's

#3 seems likely, but i'm not really that good at this trading log and mm stuff

samir