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

To: VANTAGE who wrote (728)7/20/1998 10:42:00 AM
From: Wally  Respond to of 15313
 
MMs may buy into this boost if they still think it can be shorted. Personally, I think that's a little dangerous. Too many people holding long. Too much sudden upside potential on short notice. That's why I think the stock will hit 1.25 after news. Then you will see some shares jarred loose and some MM play returning.
Wally



To: VANTAGE who wrote (728)7/20/1998 10:43:00 AM
From: Dan Dieffenwierth  Respond to of 15313
 
Seems, IMO, everyone is holding tight to what they have.
Sooner or later the only way for the MM's to get shares
to sell is to raise the bid enough for someone to turn
loose and then they will have to raise the ask higher also
in order to sell them back to investors. It gets to a
point where this just continues to happen in order for the
MM's to fill the orders.
Dan


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