FIRAMADA....WHAT WE KNOW IS THIS!!
SELL OR BUY OR HOLD...the BIG question!
I have a gift for summarizing and clarifying, so I've been told. I am also a big fan of posts that help us sort out things, rather than idiotic, worthless or OFF TOPIC comments which just waste my time (after all, most of us have hard earned $$$ on the line), so....here's what we know and some of the questions to ponder
Q: IRA purposely released the news just a few minutes before closing on a FRIDAY. WHY? If the letter of mutual intent was not signed by ATRIX, he could have released it ANYTIME on Friday or even thursday.
A: My feeling is that this is a power play. He wanted the weekend to renegotiate and if necessary, put pressure on Reidel from the shareholders of Atrix, who definitely will lose out if no agreement is reached with Firamada (ATXI stock will plummet). Nobody want stock to plummet. Ira also did not want to give ATXI time to get a counter news announcement out while the market was still open. PS= if this was a scam, news would have been released earlier in the day....nope this WAS most definitely CALCULATED ON IRA's PART.
Q: Ya, but was it a SMART move on IRA's part?
Ahh...well, that is the REAL question. Why did IRA feel that acquiring THIS company was so important that he had to play this high stakes game? This literally is the million dollar question.
Firamada was doing pretty well, wasn't it, and din;t HAVE to have this company.
A: I believe IRA likes and is very good at high stakes poker. I also think he wants to take FAMH far and fast....(too fast?) I think his ego wants it and I think he feels there is almost a certain chance of success IF HE CAN GET THE NASDAQ status. WIthout it, we will never get the attention of the big boys and make this a $10 stock.
I'm certain he has some reason that this company ATRIX was chosen. I feel he has lined up the votes necessary anmong the Atrix shareholders and is explaining that to any ATRIX doubters as we speak.
Q: What is the worst case scenario on Monday?
A: Well, I have a small part of me that thinks that IRA doesn't care if the stock of FAMH plummets on Monday. Here's what I mean. I think IRA KNOWS that Firamada/Atrix will have a high stock price sometime over the next few weeks or months, BUT I wouldn't be surprised if he orchestrated this whole MIS-information thing to drive ATXI stock down, which in turn COULD (I say "COULD", especially if ATXI resumes trading) drive FAMH stock down (i.e. 4 to 1 share ratio) and then HAVE his buddies (maybe even some from the ANNA LOVE, LOVE BOAT CRUISE recently) pick up tons of FAMH/ATXI stock on the cheap!
We might see the MM's create a panic driving FAMH down to as low as 25 cents if lots of YOU panic and then...
MAGICALLY....RIGHT BEFORE THE CLOSE IRA ANNOUNCES THAT FAMH AND ATXI HAVE REACHED AN AGREEMENT.....driving FAMH up to 75 cents to $1.00 on tuesday.....could happen folks.
IRA might just LOVE to pick up more himself and have the weaklings and whiners here on this thread OUT (something which I actually applaud).
Q: My other two big questions are this? Will the SEC get involved in this is any way (i.e. has IRA done anything illegal so far...I realy doubt it, but ANY legal minds out there?)
A: Please, someone who KNOWS the answer respond, not you snivling, petty, cutesy types who never add anything of value (sorry just tired of sifting through 100's of responses that are absolutely WORTHLESS)
Q: Who is IRA MONAS? In my 20 years of investing, my first rule (until buying this stock), is to always know the BACKGROUND OF MANAGEMENT...it is really telling and why I stayed out of NETZ stock and GOT into Digitcom (DGIV) whose leader Jimmy Chin has a history of turning around companies and making them successful
A: Again who knows the answer?...Who IS IRA MONAS and what is his resume? It might also answer questions like..."why are his Press Releases" so poorly written at times or why does he not keep his deadlines and promises regarding the financials. He isn't stupid, so why does he create the aura that he sometimes IS and why does he create an aura of uncertainty or mistrust among some of us? Does he enjoy seeing us squirm and conjecture before he BLOWS US AWAY WITH ANOTHER BRILLIANT MOVE? DOes he really want the stock to drop once more and weed some of us out before it RISES TO THE MOON? Maybe...I almost think so...I almost do.
PS--- If you haven't checked out what a GOOD PENNY COMPANY STOCK IS, go to the DGIV thread, a stock that all the shareholder have agreed NOT TO SELL....we have actually frustrated and are controlling the MM's and the company is in an even hotter industry than Staffing....i.e. Internet telephony...cheap int'l long distance with out any special equipment needed....not even a computer...and huge contracts in hand...also terrificc management and a great PR firm.
Stock was at 50 cents 2 weeks ago and now at $1.50 and poised to go...well anyway you decide if you want.
Good Luck Monday...love to hear some QUALITY, well thought out responses to my private email or on this thread.
THE KRUSER |
