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


To: sammaster who wrote (2413)7/30/1998 2:08:00 AM
From: dharampal luthra  Respond to of 15313
 
Hello sammaster, if I were to share what I know without revealing the identities of buyers and sellers, here is what I notice. People who generally know more about the stock and have been posting without much break have been consistent buyers while the sellers dont post as often and stop posting after they sell. Now as all generalizations go, there are strong exceptions to that but I feel very comfortable holding because I feel that I am then in the company of those who know. Of the 8 friends who bought in after me, only one has sold partially.

Selling is however, as Blair Holder said in his post, not a bad thing. It allows the buyers to get their stock at a more balanced price and actually smooths out the price fluctuations. In general I believe that this stock is under accumulation and sellers take the risk to sell in order to increase the size of their holdings.