FAMH - FIRAMADA Staffing Services Message Board

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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: JIN CHUN who wrote (11530)	4/9/1998 12:31:00 PM
From: Gary Smith	Read Replies (4) of 27968

Ira said the shift to NASDAQ is immediate upon signing of the merger papers. The MM's could be thinking that that drop dead point where they have to cover everything is possibly only 3 weeks off when they will eat their shorts and lose a ton of money. The present arbitrary cap on the FAMH price being exerted by the MM's in the face of what would be news that drives any stock's price up is purely a survival tactic to get them through 3 weeks without having to cover and get killed over that time span in addition to what they will face when FAMH leaves the BB. But, enough demand, more good news (closings, etc.), and MM accounts w/o adequate shares to cover the market will negate their strategy and the stock might break loose, anyway.

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