SI
SI
discoversearch

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 : Tokyo Joe's Cafe / Anything goes
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rich who wrote (8615)4/20/1998 2:02:00 AM
From: Andre Daedone  Read Replies (1) of 34592
 
Rich:
For someone who didn't want to get flamed you sure know how to stir the pot.
I have been following FAMH since that first night Franco created that first thread last September. I could have gotten in for 18 cents then but chose not too. A friend of mine is in with over 70K in dollars. He already is up somewhere in the neighborhood of 200K - 300K in dollars. So, if this stock is a winner he stands to make about 1M in dollars. He got in at the right time and now he has little risk. Tommorrow will be interesting on what will happen. Personally, I still am choosing to stay out of this stock. The reason now is because of the downside.
With the scheduled merger with ATRIX, FAMH investors have to take a 4 - 1 reverse merger. To buy this stock for .80cents is like paying 3.20 cents for it, and I think the risk is too great for that price. When I buy pennies I always consider the upside versus downside first!! Okay so their projected earnings now are about .30 cents, so with the 4-1 reverse their earnings will be 1.20 or so. Why are they merging with ATRIX...to get on the NASDAQ...with projected earnings of .30 cents pre merger they should be able to qualify for the NASDAQ when their stock reaches 4.00. And if they keep their earnings in line they will reach 4.00. But can they??? I don't know??? And I already spent way too much time on a stock that I am never going to invest in.

Live long & Invest,

Andr‚
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News