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


To: Keith Sherwood who wrote (10567)1/25/1999 2:51:00 PM
From: JOHN WHITE  Respond to of 15313
 
Hi Keith, The spread's nearly .12 now @ .78125BID/.95ASK. Just guessing but looks like a standoff with the MMs waiting for someone to blink. It's almost like they're trying to freeze trading. What happens with the BID/ASK from this juncture might foretell something of the next (short term) trend.

Well, they just raised the BID back to .85. If the BID moves higher it might indicate they're still in short supply of needed shares.

John