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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Jamer who wrote (12980)4/20/1998 11:50:00 AM
From: dan lanza  Read Replies (1) of 27968
 
MM's aren't hired by the co. to trade the stock on the floor.Otherwise, they'd be up to 10 bucks on the offer.Supply and demand are the only things that MM's base their pricing on.Lots of selling from shareholders,the price goes down,'k?,As for the current price,lots of shares traded on Friday up to .68 or so,approximately 25% of the float or thereabouts.This is good for basing the stock near its current level.More expensive shares now being held.
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