SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jonathan Lebed who wrote (2392)2/1/1998 10:11:00 AM
From: FARRIS  Read Replies (1) of 27968
 
Jonanthan,
There are quite a few Nasdaq companies with a PE of about 1. You can do the search as easy as I can. Your point about the reverse IS invalid. There are minimum float requirements on the major exchanges -- 1 million is the number that is bouncing around in my head. There would be a HUGE liquidity problem even with a 10:1 reverse. It would be an exceptionally stupid move on the part of FAMH. I have seen a lot of reverse splits and none have been positive -- none. You can find a couple of off-the-wall examples, but far and away -- reverse splits are BAD for stocks. This stock will get beaten down before it has a chance to apply for a major exchange.
GIVE UP THE REVERSE TALK! It is bad for business. The company knows it and the vast majority on this thread know it. I would bet that the moment a reverse was announced most of the folks on the thread would be selling -- I would. You also need to remember that a reverse does not automatically change the authorized shares, so it would give FAMH free reign to dilute the stock by another 25 million or so in the future. (Not that they could not do that anyhow with their big majority stock position, but it does make it easier.)
Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News