To: dharampal luthra who wrote (603 ) 7/16/1998 9:48:00 PM From: Bill Fortune III Read Replies (1) | Respond to
Evening Harry, and for awhile I thought it might close closer to $0.70 in the last hour of trading, but it didn't. I really believe that a good portion of today's buying was from new investors. In your post you mentioned that David was trying to buy 5,000 shares all morning and couldn't get them. Based on that and what I said in an earlier post a large portion of the overall float of FNTN is currently in controlled hands and these investors appear to be retaining those shares. This we all know is called the law of supply and demand. I conclude that if those controlled shares continue to be controlled that by itself will start forcing FNTN shares higher.topher.net >> and as well as my own, all tend to suggest that a major third wave breakout is imminent and could unfold quite suddenly and at any time. Maybe, even during this very week of July 13 - 17. Today, buys to sells were running 4 to 1 positive. Professional traders are telling me that stock is very tight and hard to buy in any size. The range has been exceptionally tight and narrow over the past few days. It feels to me, with us being so close to the apex of this potential bull flag that a sudden move of some substance and duration is very close that could take us sharply higher in a hurry." (that whole post can be found at: << Message 5208877 >>
