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


To: Tomato Man who wrote (11580)3/23/1999 11:25:00 AM
From: DayTraderKidd  Read Replies (2) | Respond to of 15313
 
Thanks for the kind words Tomato man. I appreciate your T/A perspective on FNTN which brings me to a point I have been waiting to make for some time now.

I have listened to the Fear Mongers consistently tear apart FNTN based on the fundamentals of the company yet the company does not have fundamentals, they are still being developed. The trade on FNTN has always been on the T/A side, the Mongers have always been on the wrong side of the trade and they have helped me make a small fortune trading outside of my core position and I love them for that, even the Monger that can only post on the weekends <ggg>. They remind me of CNBC's Kurlach & Acompura, who when the dow hit 7500 last year in October they called for the Dow to go to 6400 only they did turn bullish again a week later when the Dow hit 8600.

The reason I say this now is that I feel the game is almost over. Even with the recent increased posts from the Mongers FNTN has formed a double bottom in the low .70ies, not in the .50ies. I would like to see one more test of these levels before we go higher.

Have a nice day all and AMB too <ggg>

Peaceful



To: Tomato Man who wrote (11580)3/23/1999 12:55:00 PM
From: Wally  Respond to of 15313
 
I Love Ya, you big red fruit you (as it were)!
Excellent post.

I couldn't wait any longer for your indicators to hit "BUYBUYBUYBUYBUY!"

I just went ahead and bought more shares of FNTN a few days ago at about 82 cents.
If those of us who believe in this stock's potential are right, anything below a dollar should be considered a good entry point.
Certainly, anything in the .80s is just fine with me.
I sold off a large chunk of another pretty good stock this week to buy more FNTN.
The timing may have been premature, but hey!
"But hey" - How's that for science?

xxooxx,
Wally



To: Tomato Man who wrote (11580)3/23/1999 10:08:00 PM
From: MskiHntr  Read Replies (1) | Respond to of 15313
 
Good evening, Tomato, saw your TA and had to look for myself, pictures do tell more at times. From a 2 year perspective FNTN looks OK.

1. Moving average is being approached from the underside and the daily price should intersect in a few days:
tscn.com

2. The MACD is turning up and with a nudge in the price over $0.90, I think, we may get the cross over which would give a short term buy signal:
tscn.com

3. Momentum as you point out is rising, slightly lagging the MACD, but it appears that both indicators will cross the signal line almost together:
tscn.com

4. Stochastic, you must be using one with a faster period, as the one that is embedded in TSCN's system hasn't yet turned positive but it does appear to be turning up: tscn.com

5. Wilders RSI has bounced off the oversold line and it appears that FNTN is currently in the 40% or so range and climbing:
tscn.com

6. On Balance Volume, an indicator that Laslo Birinyi likes. For all the questions that have been posed, all the negatives that have been cited, all the management faux pas, it does not seem to have deterred the quiet, persistent accumulation of shares. I know we have some big hitters on SI, but I don't think thread members have put away this much stock over the months. As of today's close the OBV is at an all time high:
tscn.com

All in all, TMan, the TA looks pretty good. The last few days, as you have pointed out, have all had consistently higher than average volume and the price has remained steady to higher. Let's hope that whoever is accumulating these shares has a continued appetite. Of course, any kind of news from either FNTN or Siemans would be icing on the cake.

Keeping the faith.

Best, Joe



To: Tomato Man who wrote (11580)3/25/1999 3:01:00 PM
From: JW@KSC  Respond to of 15313
 
FNTN Charts Update

Spent the day at the Tomato Patch, seems the patch was all picked out, the only ones to be had were at Produce Stand, and the guy said "if you want these you'll have to pay a pretty penny if you want them". Only a few left and they were for some buyer willing to pay more than I wanted to pay. He mentioned he had another 3 million in another field, but they were already spoken for.

FNTN Charts
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Ride the Wave
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JW@KSC