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


To: Fredman who wrote (4038)8/21/1998 1:16:00 PM
From: Bill Fortune III  Read Replies (3) | Respond to of 15313
 
Example of what can happen to a stock after it has experienced a huge
downturn on bad news or no news such as FNTN has:

Example on: WESTMORELAND COAL CO CV PR A (OTC:WMCCQ)
Look at date starting 6/10/98 and look at its history after the
downturn: Just think of all of those investors who sold on 6/11/98
and for the next month on this stock must have thought a month or so later.

Date Close Volume
8/20/98 $15.13 23400
8/19/98 $14.38 3900
8/18/98 $14.50 77400
8/17/98 $13.25 30200
8/14/98 $12.50 8300
8/13/98 $12.37 19600
8/12/98 $12.06 27700
8/11/98 $11.95 38800
8/10/98 $12.50 2500
8/7/98 $12.50 2800
8/6/98 $12.50 15900
8/5/98 $12.50 1900
8/4/98 $12.50 18800
8/3/98 $11.75 107100
7/31/98 $11.00 10200
7/29/98 $10.87 21900
7/28/98 $9.50 40900
7/27/98 $7.96 8000
7/24/98 $8.37 13000
7/23/98 $7.25 49000
7/22/98 $7.25 49000
7/20/98 $5.87 73500
7/17/98 $5.20 400
7/16/98 $5.12 110100
7/15/98 $5.06 14400
7/14/98 $5.18 14500
7/13/98 $5.12 900
7/10/98 $5.12 10900
7/9/98 $5.00 45100
7/8/98 $5.12 22900
7/7/98 $5.00 14900
7/6/98 $4.87 19300
7/2/98 $4.75 13200
7/1/98 $5.00 10000
6/30/98 $4.87 12000
6/29/98 $5.37 13000
6/25/98 $5.87 33300
6/23/98 $6.00 2700
6/22/98 $5.75 16600
6/19/98 $5.87 1800
6/16/98 $5.73 2400
6/12/98 $5.81 46600
6/11/98 $4.75 23300
6/10/98 $11.25 6000
6/8/98 $13.00 1500
6/5/98 $13.25 600
6/4/98 $13.25 1400
6/3/98 $13.25 200
6/2/98 $13.25 3500
6/1/98 $13.75 4700
5/29/98 $13.75 2700
5/28/98 $13.44 15400
5/26/98 $13.63 1000
5/19/98 $14.25 1200
5/18/98 $14.25 1000
5/15/98 $14.38 2000
5/14/98 $14.38 2600
5/13/98 $14.38 7000
5/12/98 $14.50 6500
5/11/98 $14.75 1300
5/8/98 $14.50 10800
5/7/98 $14.50 6800

Regards,

Bill Fortune III