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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Lurker who wrote (4095)2/25/1998 9:13:00 PM
From: Leroyt  Read Replies (1) of 27968
 
<<Buying 4 of the 10 million shares in the float will drive the price
up. Buying 4 of the overall 40 million outstanding shares will do
little for the share price.>>

What does that mean? It appears to be completely contracdictory.
Buying from the public float will probably increase the share price and, to a lesser extent, increase the earnings per shares.

If the company thinks there P/E is 0.11 and the stock price should accordingly be $1 to $2.00 - then why wouldn't they pay 0.28 for the stock.

Later, Leroyt
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