FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Leroyt who wrote (4060)	2/25/1998 7:38:00 PM
From: Andrew H	Read Replies (5) of 27968

Yeah, great news, alright!! Let's get this straight--the company borrows money by printing more shares and selling them at prices of say .25-27 in order to borrow money to announce a buy back. This should raise the price of the shares so that IF the company did buy back the shares, they would have to pay higher prices. Yep, that's FAMH rationality alright. Ever hear of a BB company buying back its stock? This is merely a ploy to get the price up. We shall see if it works. If it does, I would take my profits and run before the audited financials appear. I would be extremely surprised if they bought back a single share, despite the authorization.

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