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


To: Tom C who wrote (11013)2/14/1999 5:42:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Hi again Tom. As to FNTN being a “long term investment or a day trade's stock” as you put it, I believe that is up to each individual investor based on their style of investing.

In regards to your statement “In January someone on this thread said $1.5 is a "done deal" pending signatures as per Michael. Do you know what services or products were sold?” I do not recall seeing that or just don't remember, so would be unable to respond to it.

In the end it all comes down to what Wally has said. FNTN is a OTC:BB stock with many inherent risks as well as many potential rewards. You should never put your mortgage or college tuition money in any BB stock unless you are will to loose it. I buy BB stocks based on what fundamentals I can find along with the perceived potential for the company and for the most part I need to believe in its management. As far as FNTN is concerned I for myself personally believe all three are in place. The timing at the moment is slower then I would like, but am willing to stay in for the longer haul if necessary. Here again each individual must decide for themselves their risk level and time line on any investment they make. From time to time I personally change my time lines depending on what I feel a stock is going to do. That time line can either be shortened or elongated.

Over the years I have lost a great deal of money by being too anxious and selling a stock just before it takes off. And on the other hand I have lost money on stocks that I have held too long. Sometimes for me it comes down to nothing more then a gut feeling as to what to do.

Here is wishing you and everyone all the best in all of your investing endeavors.

Regards,

Bill Fortune III



To: Tom C who wrote (11013)2/14/1999 5:59:00 PM
From: JOHN WHITE  Read Replies (2) | Respond to of 15313
 
Hi Tom,
As long as we're on the subject of "long term" maybe you could supply us with a definition of what long term is.

Is it someone who buys and holds for 5 years without ever trading ? Could it be someone who buys and holds their entire position for the required 1 year for IRS LTCG classification ? Or could it be someone who buys and holds their core position for 1 year or longer, but trades in and out with a second position ? Perhaps it could be an investor who holds ANY portion of an issue for one year ? Of course someone might be a long termer if they day traded an issue for several years ?

Please give us some sort of definition on this issue lest myself or others falsely declare ourselves long termers from a lack of proper information.

Thanks,
John