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


To: T.M.K. who wrote (232)7/9/1998 2:17:00 PM
From: jpbp  Read Replies (1) | Respond to of 15313
 
Just some thoughts about a 'funny' trading pattern that has been a trend for several days.....much more upside vol than down..... we've seen more buys than sells...and lower price......each day for the last 4 we've seen MM's jerk the price down (bid .04 or .05 ) below anything it's traded at for a while (.58) today and we get one or two small hits on that which set us up for a close today of oh, say .61 or so ....about .03 higher than the low tick...yet we will see again that most of the vol was at a buy of .62 or .63.

Now, I usually don't worry or care about day to day fluctuations but the pattern is interesting to say the least.....Just ask yourself why and who benefits from something like this???

look at the logs....it's being kept down somehow for at least a little while.....but remember for every action there is an equal and opposite reaction.....think someone who's pretty famous once said that....

from a very long and excited lurker,

jp
ps. ... Tec Wiz or someone who has better equipment it would be interesting to see buy to sell ratios for the last week or so...