FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Jane4IceCream who wrote (4272)	2/27/1998 1:13:00 AM
From: TraderGreg	Read Replies (2) of 27968

Let's play Devil's Advocate. Say you're holding 69,000 shares at, what , 40 cents? OK. You take the guaranteed $7K loss today. If you're right and the stock gets hammered you can come back in and buy the 69000 back cheaper, have cash leftover, and if it does a Dead Rat Bounce, who knows, you can break even. But what if you're wrong? Won't you feel like someone just shoved an Engine down your throat? Call me crazy, but if I owned 69000 FAMH @40, I'd wait on the news and average down if necessary. This isn't a call option that's expiring next week. Geez, even those poor folks on EUTO are recovering their investment by buying on dips and sells on pops. If they can do it, anyone can. TG

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