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

To: Jaime Leiderman who wrote (3545)8/13/1998 6:15:00 PM
From: Jim Porter  Respond to of 15313
 
DJIA and NASDAQ down again! What else is new?

Like the last few time, people are selling FNTN because they are over extended in their margin account and need to cover their butts.

As with the corporate world, everyone must CYA "Cover Your Ass"

I wonder if CYA is the Yuppie and X-Generation's version of the 60's ATOMIC rally: "Duck and Cover"? I think it works just about as well!!

Oh well, enough politics. Anyway, it's just my opinion!

.......-jp



To: Jaime Leiderman who wrote (3545)8/13/1998 6:25:00 PM
From: Wally  Read Replies (3) | Respond to of 15313
 
Jimmy & Bill: I noticed the incredibly low volume too - I assume the longs are holding and the shorts are doing all the selling - and not much selling - maybe not much short stock left to sell. That has got to add more potential strength to the next climb. With fewer people willing to sell, the next surge we may run right through the usual stop sign before any retreat.

Wally


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