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


To: GregB who wrote (7933)11/9/1998 8:22:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Hi Greg. I agree with you that today's trading was a mixed bag. An interesting note to all of it is that:

470,700 or 88.11% of the total shares traded were at 0.93 or higher
$450,186 or 88.88% of the total dollar volume was at 0.93 or higher
90 or 80.36% of the total trades were at 0.93 or higher

and

457,700 or 86.23% of the total shares traded were above the closing price
$440,848 or 87.03% of the total dollar volume was above the closing price
88 or 78.57% of the total trades were above the closing price.

In my opinion FNTN ended up with a well defined trading pattern much higher then the days low or it's close. I look for a much stronger upward movement when like you said the street comes to grips with what today's news really means.

Best regards,

Bill Fortune III