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Microcap & Penny Stocks : Xin Net Technologies - BB: XNET - The Next Internet Stock? -- Ignore unavailable to you. Want to Upgrade?

To: pat pasquale who wrote (732)	4/3/1999 12:02:00 PM
From: Robert Andrew	Respond to of 1593

Pat Pasquale I follow TNRG and have owned that stock last year. It was one of my losers and I finally got out. The reason I don't care for the company is because they made many promises and never kept them. I don't believe this dividend spin off thing they always talk about will ever happen. I don't feel TNRG is a China play. I'll stick with XNET for long term profits. (OT) What about ABFG. It seems the thread is going crazy and the price and volume is still low. There might be some potential. Robert A

To: pat pasquale who wrote (732)	4/3/1999 12:40:00 PM
From: FFNEODOC	Read Replies (5) \| Respond to of 1593

The SHORT POSTERS HAVE ARRIVED BIGTIME ON THE YAHOO XNET BOARD!! When any of the OTC stocks make a run like XNET had last week, the market makers get WAY behind in a process called "Naked Shorting" (They fill the orders coming from the big Online brokers (their lifeblood) even if they don't have the stock available) They then plant these guys to post alot of bad BS about stocks they know nothing about to try to get people to bail out in a panic so they can cover their "shorts" at a lower price. The arrival of these BS posts about XNET is a good sign for us longs, because it means we have reached that threshold with XNET. We have caught the MM's off guard. Naked shorting pays off for the longs, because anytime there is a sudden drop in share price, there will be short covering that will cause a quick rebound in stock price. This recovery then re-instills trader enthusiasm and pushes the stock price higher. That is exactly what happened on Thursday; Look at the Chart; bigcharts.com (Switch to a 1 day chart for XNET if that link doesn't come out ok) On Monday, if you want to take some profits, do so shortly after opening, just be sure to re-purchase in that dip that will occur about 20-40 minutes after the open of the market. I expect a moderate gap-up on Monday, with an opening price of somewhere around $4-4.25. We'll see how close I am. I came pretty close with my predictions last Thursday, including my call of the big surge in price for the last half hour of trading... Check out my posts from 4/1 Message 8653804 Message 8657938 Hope this information is helpful!!