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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 (1226)7/22/1998 4:50:00 PM
From: jcsana  Respond to of 15313
 
Bill, I absolutely concur that a big thanks goes to all. I am
fortunate to have established my position at much lower levels
so from a dollar perspective a small position. I will enjoy my shares!
By the way the tomatoes are going crazy in my backyard- hopefully a sign of things to come. From the west coast. Jeff



To: Bill Fortune III who wrote (1226)7/22/1998 4:51:00 PM
From: Norms  Respond to of 15313
 
WOW.......WOW.......WOW! THIS KIND OF DAY CAN TAKE YOUR BREATH AWAY!
It looks like Buy & Hold really works. Congrats to all!

Here's a little heads up on trading philosophy and why it might backfire on you when a stock runs like FNTN ran to 1.50 and then dropped to 1.26 and rose back up to 1.46. It is human nature to look at that situation and say - I could have sold in the high 1.40s and bought back in the high 1.20s.

When MMs do this, they are looking for shares and hope that you will sell. They usually run it back real fast and offer the minimum of shares that they have to. You could be left without shares or even worse have to chase it back beyond where you originally sold it. I learned this the hard way earlier this year on another stock.

This usually only works for daytraders and not long termers. Let's be careful out there.

Norms