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

To: ilh1 who wrote (6278)	9/18/1998 10:25:00 AM
From: Radim Parchansky	Respond to of 15313

Ask 1.0, last .9 FINANCIAL INTRANET INC COM (OTCBB:FNTN) Bid: 0.860 Asked: 1.000 Volume: 24,100 Open: 0.860 High: 0.900 Low: 0.860 Last: 0.900

To: ilh1 who wrote (6278)	9/18/1998 11:58:00 AM
From: Cliff Daniel	Respond to of 15313

Why is the price of FNTN higher today on small volume? Is it just because few, if any are selling? We've went over this a hundred times now. The day following larger volume, which was mostly sells, the price tends to rise on small volume. This assumes that the sellings as subside the next trading day. Now the MM's have taken on more shares than they sold. Now what's the obvious next step? To make money! Right! So I'll sell you the ask size then up the ask while keeping the bid where it was. Promotes no selling and gives the impression the stocks is on the move. After the MM's clear out their position in excess stock they will tighten the bid to promote trading. The next time a lot of selling occurs the same thing will happen. Over and over and over... -- Cliff