They tripled the float ... geeze .... No wonder the stock is not moving
Trading Log Summary
Ticker: FAMH
Date -------------------- Volume -- High/Ask --Low/Bid - Close ------------------------------------------------------------------------------------------ 10/13/97 ------------- 134,200 -- 0.18 ---------- 0.17 -- 0.18 10/14/97 ---------- 1,169,500 -- 0.21 ---------- 0.06 -- 0.18 10/15/97 ---------- 1,580,000 -- 0.25 ---------- 0.17 -- 0.20 10/16/97 ---------- 1,196,900 -- 0.23 ---------- 0.18 -- 0.19 10/17/97 ------------ 857,500 -- 0.23 ---------- 0.15 -- 0.16 10/20/97 ---------- 1,053,100 -- 0.21 ---------- 0.17 -- 0.17 10/21/97 ---------- 1,049,900 -- 0.22 ---------- 0.16 -- 0.16 10/22/97 ------------- 689,100 -- 0.22 ---------- 0.16 -- 0.18 10/23/97 ------------- 742,500 -- 0.21 ---------- 0.10 -- 0.20 10/24/97 ---------- 1,995,500 -- 0.27 ---------- 0.18 -- 0.25
Note on 2M shares 28% of the float it rose only 14%. Also note in the past 7 days the Float has been traded and the price is just barely moving up. I suggest someone look at the trading chart and I think you will find major selling as people are buying in.
Oh well I will watch it some more. I just do not like stocks that 28% of the float trades and it bearly moves.
Anyway just my opinion. Hope it does well for you.
GaBard |