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


To: don roberson who wrote (5143)9/3/1998 12:11:00 PM
From: Radim Parchansky  Respond to of 15313
 
Don, if it was easy anybody can get rich. We know about FNTN and that's a big advantage. The shares are held tight and the news is most likely coming the first "good" day next week. Often investor sell based on emotions, even in a good market. Just couple months ago we revisited .58 level not to long before 2 1/4 runup. We'll see the same mind game again at 4, 8,... levels. In OTC it's concept, management,.. what counts. The rest separates winners and the once who'll say "I never sell again company that I like".

Radim



To: don roberson who wrote (5143)9/3/1998 12:36:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
Don: First of all, FNTN will be fine. It's going to continue to bob up and down while the Market remains volatile and news remains tucked away. As frustrating as it is, MS is doing the right thing.

Hate to coach anybody as to when to buy, but if you have cash, now may be the time.
Tomorrow may be even better.... and if anybody needs it, I'll give you the name of a good auto mechanic.
But seriously folks,
IMO, the MMs will be in a market-wide feeding frenzy between now and Tuesday.

As far as FNTN goes:

MMs know there will be news that will spark FNTN's price.
MMs know that the panic is far from over.
MMs know that the panic-prone will sell.
And lose.

Still, even the MMs are hesitant to work their voodoo. Nobody has a firm feel for The Market's bottom. IMO, we'll see tremendous buying volume next Tuesday morning. We're still too close to recent negative world events - and holiday weekends create notoriously bad Fridays. So if the world doesn't end by Monday, Tuesday morning will be the official turn-around. Personally, I'm not sure that MS would want to release news into a one-day turnaround. If that was the case, he would have sprung some news yesterday. Rather, a sustained rally next week will lead to PR by the following Monday. Maybe sooner.
Time again will tell all.
Wally