SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Fortune III who wrote (8350)11/25/1998 7:20:00 PM
From: Kenny  Read Replies (1) | Respond to of 15313
 
Happy Thanksgiving to you too!! The way I see it is that when nobody is selling shares, the bid stood still until right before the close. Why do they do that? Because they want people to sell early Friday. Of course people may fall into their tricks, but if selling is drying for the past two days, then we may have low volume on Friday with an up day of after sale buying - just my own observation.



To: Bill Fortune III who wrote (8350)11/25/1998 10:00:00 PM
From: GregB  Read Replies (2) | Respond to of 15313
 
Hi Bill

IMHO there is no doubt that the MM's have controlled the stock price all week. I have went over the trade history of FNTN for the past 7 months and we have never lost share price on this kind of sustained volume.

What I think is going on BIG investors want in and can't find the shares because nobody is selling. The MM's walk the price down with small sells. They create fear that we are going to re-visit the sub .50 levels of some weeks ago, some investors are not willing to go there and sell, WAL-LAH, shares available for the big guys! Hence the up and down movement of the past few days.

After the big boys fill up their tank with cheap shares this baby will take a u-turn and head north. This probably will not be the last time we see this kind of action, but I think things will improve greatly heading into the shareholders meeting on Dec. 21, FNTN would have to be insane to meet with the investors in the mood they are in at the present time. Its time management brought some peace to the valley. Just my opinion.

A Happy Thanksgiving to all

Best Regards
GregB



To: Bill Fortune III who wrote (8350)11/26/1998 12:49:00 PM
From: Siber  Read Replies (1) | Respond to of 15313
 
**OT**

Just catching up on my reading. We've had some windy conditions here (90mph Monday night) and have been without power since Monday evening, only to be restored this morning.

I also hope that the prediction is true. Unfortunately I won't find out for at least 1-1/2 weeks. Off to Minnesota then Illinois for a family funeral, so no more posts from me for a while.

I still have a firm belief in FNTN and I'm sure that when I look at my portfolio upon my return I will be happy with what I see.

Happy Thanksgiving all.

Best regards,
Helene