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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: JIN CHUN who wrote (9086)3/29/1998 11:33:00 PM
From: Little Engine  Read Replies (2) of 27968
 
<<<<The details aren't out yet, not about this, or the 3Q numbers.>>>>

When might the details on the third quarter numbers (3rd Q ended Sept. 31) be coming out? Don't you think it's about time? Someone posted that Ira should release the audit at the best time possible... ummmm, wouldn't this be tomorrow?

I didn't sell merely because FAMH claimed two different sets of earnings for the third quarter.

I sold because: A) FAMH never even admitted that the first earnings claims were improper, they just issued new earnings claims (not even backed up by so much as a press release); and 2) no explanation came as to why the earnings for that quarter were suddenly cut in half almost four months after the end of the quarter.

If it were an honest mistake, and easily explainable, why not give the explanation?

A simple observation: I haven't heard anybody claim to be buying at the bell here, but we all know there will be a good deal of selling. We also know, if these posts are to be trusted, that people are putting in buys for much lower prices than .67.

So the MM's open, see lots of sells at the market, lots of buys at 15 or 20 cents cheaper... where do you think the price goes?

To match the buys, of course.
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