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


To: ilh1 who wrote (3633)8/14/1998 8:32:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 15313
 
Good evening Prosperous Soul thanks for the post with the IDB information. It is a good reminder of just one of the areas that FNTN is currently involved in. I don't know about you or anyone else for that matter when it comes to the amount of information that is available for and on FNTN, but it is more then I can fathom. I am not saying that this bad in any shape way or form rather it points out all of the potential for this great company.

The only thing that bothers me at moment is so many investors are hung up on one lousy news release being let out that the complete picture for FNTN is being lost. As I said in one of my other posts, it seems like the forest can't be seen because we our gaze is focused on only 1 tree. I find that this is usually the trend for OTC:BB stocks.

A prime example of this is:

Back on July 23rd the volume was 3,756,600 shares with 1,488 trades. Now I could be wrong here but in my opinion I guess that the great majority that bought stock on that day are no longer in the stock. Again, in my opinion this in itself has been a big contributing factor in bringing the price of the stock down to $1.50 level. Bought on anticipation of news and sold on no news out of fear. If I am correct in these assumptions, I would bet that most who bought on the 23rd never did any real DD. So I am expecting that most of the weeding and pruning has been completed and FNTN will start an upward trend on its merits and potential. Yes good news will help a great deal when it comes out.

Long, so very long on FNTN.

Best regards,

Bill Fortune III