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


To: Jeff who wrote (5304)9/5/1998 2:25:00 AM
From: dharampal luthra  Read Replies (1) | Respond to of 15313
 
Welcome back Jeff! On the question of the visit I am glad we have competent management in place that wont make any illegal disclosures no matter how persuasive the visitors are!! I think we should let them do their work at peace and not create too many waves here at the thread. The thread is not the news. The news will be generated with hard work at FNTN and their vendors.

There is human impulse to sell any stock that is going down and my experience has taught me that long term holders win in the long run. The current selling is IMO, market driven -- case in point - Mr AJ Berger had to sell to raise cash. If you have other stocks on margin, the margin calls require you to sell or deposit cash in about 5 days and FNTN becomes an excellent source of cash because it can't be purchased on margin. To sell other stocks to meet margin calls is more costly because by selling the marginable stocks, you lose the margin that they were providing. To meet $1000 margin call, you may have to sell roughly $3000 worth of other stocks while you sell only $1000 worth of FNTN.
Remember the intra-day reversal that we had recently? IMO, that can happen again even without news. Now you make your own buy and sell decisions as always.
Back to work!!!!
Harry



To: Jeff who wrote (5304)9/5/1998 9:53:00 AM
From: JOHN WHITE  Respond to of 15313
 
Jeff it appears that your "friend" just wants to be treated like he treats others talk.techsrocks.com.