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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Jonas Grumby who wrote (11130)4/8/1998 12:23:00 PM
From: Mark[ox5]  Read Replies (1) of 27968
 
If Ira is a savvy as He
thinks he is..I would venture to gain that FAMH is selling into the buying to raise
money. No?


No.

That is far from savvy. Why sell here when he thinks he can get $10+ in a year? Plus they are supposedly in a BUYBACK. Lower float = higher price. They have a 12M line of credit. They also just saved themselves from issuing shares to Myriad for the takeover. Why mess with that?

The stock is coming from who knows where.. we have gone from 22M to 42M in less than half a year..thats where it is coming from.

Mark
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