FAMH - FIRAMADA Staffing Services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: dexx who wrote (7859)	3/24/1998 5:57:00 PM
From: Mark[ox5]	Read Replies (1) of 27968

Ok, I hope to be very wrong on this point Dexx.. but usually such news is already "in the stock price." We have been talking about Myriad aquisition for 2 months now.. whats to say its not already figured in the share price? I know logically it is not ... but usually stocks go up on surprise positive news... not something that everyone knows. I know the arguement is .. well we will have the details in the press release and that will drive the price up. That I hope is true. However, we know the gist of the deal, we know rough revenue figures.. and basically all the PR can say is "we have closed the deal officially, and we "EXPECT" Myriad to add xxx dollars of revenue. My point being, whats to say the "news" isnt already in the stock price? It's old news. Open to debate... Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next