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Microcap & Penny Stocks : RNTK and FAMH, both companies lost the war!

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To: trofala who wrote (17)2/11/1998 4:21:00 PM
From: Jonathan Lebed  Read Replies (2) of 110
 
IMO...Stocks like FAMH and RNTK don't stand a chance of going up until their news releases come out....unless there is hype.

Anyway..FAMH will have a press release Friday, I expect it to double. Once it hits $0.50 or so I will sell some of my shares to reduce my average cost of RNTK.

FAMH is a no-lose situation since Ira and Arif are willing to buy any shares of FAMH you want to sell them...at $0.30. You could of bought today at $0.26 and made 15% automaticly. I feel sorry for the suckers who sold their FAMH shares today at $0.24 on the open-market if all they had to do is call up Ira. It appears now that FAMH wants to reduce the float in order to raise the price and get a NASDAQ listing.

There will be a FAMH conference call tomorrow at 4:15PM.

JLebed
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