FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JOEY who wrote (6494)	3/15/1998 9:25:00 PM
From: Mark[ox5]	Read Replies (3) of 27968

Jake, dont get carried away.. its not institutional buying. Institutions (Mutual Funds, Pensions, Trusts, etc) arent even allowed to buy this sort of thing. I'm not sure if its MM's or some people with a lot of wealth who can throw around $65,000 at once (like Jane!) but I'd sau no no on the institutions at these levels, and on this exchange. Actually, this could get very interesting if any of the "BIG" people who have been buying in the past 2 weeks have any sort of medium time horizon.. less and less shares available for people in the upcoming week(s). Demand and Supply.. its a wonderful thing when your on the right side. After Friday. lots of new money is in at .60ish so even for a 25% gain, you are looking at .75 at the next sell off point. On the other hand if no news Monday or Tuesday you could see a possible drifting downward of the price as short term people leave en masse. P.S. Whoever meantioned Headway (HDWY) Nasdaq, it looks interesting at first (5 minute) glance.. it has diluted earnings of .28 for full year 1997 and trades at 7 7/16. FAMH will be around .36 EPS 1997 so lets be conservative and put a $8.00 on it.. so at todays level that is $2.00 (after 4 to 1) Hmmmmmmm Cautious but psyched, Mark

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