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


To: Markus who wrote (4126)8/21/1998 5:17:00 PM
From: Tom Frederick  Read Replies (1) | Respond to of 15313
 
Markus, If I may, I am new to FNTN, but am following the current events. This run today could be a very simple issue of investors looking where to put their money in a very scary market right now. FNTN has no real change in the potentials and just had a bad run of nervous selling. The fundamentals hadn't changed, more news to come and it had already run to $2.25 just recently. With most other stocks going south today, it was a better than average bet that FNTN would return and continue to move up with lots of news still to come.

Just my own thoughts.

Tom F.



To: Markus who wrote (4126)8/21/1998 8:11:00 PM
From: majormember  Read Replies (2) | Respond to of 15313
 
<If you go back and look at the day FNTN went to 2.25 and then finished the day in negative territory, it seems to me that the opposite has just occurred>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Markus...WRONG, going to 2.25 and pulling back on profit taking is
not the same as the reversal we had today. When the reversal happened
to FNTN today, it was an excellent sign. Meant that we should not
be revisiting that area of price range again, barring unforseen
fundamental problems. The TA below is from one of the best TA'ers
on Silicon, IMO. I have lost a lot of $$$ going into a stock
without checking its TA. Foolish to buy a stock without knowing
basic TA....Have a good weekend.....Skane

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

FNTN, yes it was a reversal, there are many different types:
Example: Lizard Bull is when stock makes a 10 day trading low and then finishes in the top 25% of its daily range..50 day expansion pivot...50 day was at 1.04....Largest range expansion in past 10 trading days(high low price), and stock moves away from 50 day price...There are many more reversal possibilities, but don't
have time to mention them at this poin...



To: Markus who wrote (4126)8/22/1998 12:03:00 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 15313
 
Markus and all:

It's funny you should compare those two trading days: ie, the day FNTN stock rose to 2.25 and settled back to 1.75, and yesterday when the stock dipped to .995 and recovered back to 1.33.

I also compared those two days, but from a different perspective -- the thread's overall emotional response.

Following that first day, the posts were generally very pessimistic and discouraged sounding. Conversely, yesterday, the thread was upbeat and hopeful. Yet the stock ended 24% LOWER yesterday than it did on the earlier trading day.

I'm just intrigued by how emotions and reason, are at such odds in our minds (at least my mind).

Kevin