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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: John Fairbanks who wrote (793)1/7/1998 11:35:00 AM
From: FARRIS  Read Replies (1) of 27968
 
If fund managers actually begin buying this stock heavily -- getting to $1.25 will be a very short trip. It would be safe to assume that if the buy ratio continues to be high along with the volume -- the fund managers have faith in the things the company has presented.
If they are happy, this stock will have a very high ceiling indeed. Some of the small investors will bail anyhow, but if you see instititutional buying come in, this stock will no longer depend so much on the people who will sell at 100%. Fund managers sell when a stock is overvalued. If all we understand to be true is indeed accurate, FAMH will be failrly valued at a drop dead minimum of $2.50. That is not opinion, if the company has been honest and accurate with its earnings and acquisition statements.
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