FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Brad who wrote (1089)	1/10/1998 1:53:00 PM
From: slotman	Read Replies (1) of 27968

Brad. It makes sense that brokers had other things to do yesterday than to tout a non-reporting bb stock that they had no time to do any real dd on. I don't recall having seen the market in general having a direct impact on bb stocks on a day-today-basis. They seem fairly insulated. What did happen, imo, is a lot of small investor's were lured by a second hand quote of Ira implying we'd see 1.50 in three days. These folks scrambled to get in low (perhaps selling other investments to do so) and when we did not even break 0.50 before the daytraders took over, the herd followed. I think by 10:30 am yesterday it became clear what direction we were heading (short term.) Most press releases have the same impact as FAMH'S i.e. Big spikes- slow declines, and until the fin's are out that's the way it will be. I think the company should be VERY careful in making forward looking statements to maintain it's credibility in the meantime. I like the separation of powers concept that Firamada is applying with Ira growing the business (his specialty I understand) and Adam handling the daily operations. Seems to be very well organized. I haven't had this high of a level of confidence in a bb in long time. I don't think I saw any LARGE blocks sales yesterday. Well that's my "peace" and only my opinion. Looking forward to the end of January. Good luck to all. rick

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