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


To: don roberson who wrote (8478)12/2/1998 4:05:00 PM
From: JOHN WHITE  Read Replies (1) | Respond to of 15313
 
Don, looks like whoever's been accumulating has done it again right up to the $1. ceiling (.99 this time). Each time this has happened the share price has retreated a little less perhaps indicating that fewer and fewer are taking profits at or just below the $1. top. Also each time they've accumulated, the supply has been less.

(For a while) we might say that a very strong base is being established at the current level....to say the least.

John



To: don roberson who wrote (8478)12/2/1998 4:23:00 PM
From: Wally  Read Replies (3) | Respond to of 15313
 
Don: I hate to harp on it, but then again, nobody has mentioned it this week.

Fundamentally, nothing has changed with FNTN

Only the patience level of small investors like you and me who are facing holiday purchases and debating write-offs. This is still the same upstart company with a good idea in one hand and Siemens in the other. This is where we usually screw ourselves if you'll excuse my French. Remember your position in AOL? I would had a multi-thousand 3-bagger in a stock this week if I had pulled the trigger one day later. Instead, I got out with my pants and 20 dollars profit after commissions.
Timetables of corporations and their investors seldom gel. This year, my brother sat back and watched 50K disappear from his INTEL holdings. Finally, he couldn't stand it anymore and when he was down by only 30K on a rebound, he sold. A week later he would have been up by 30K.
A start-up company is going to be a hell of alot less predictable than INTEL. On any given week, day or minute, we shouldn't be surprised when it flies.. or falters.
Speaking of timetables..where are my cookies?
Wally