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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Forest Gump who wrote (13287)4/22/1998 9:02:00 AM
From: Little Engine  Read Replies (2) of 27968
 
51 million shares? No wonder people keep buying and the stock doesn't move...

This amused me as well:

<<<The 1998 EPS of $0.36 multiplied by an industry multiple of 25 would yield a share value of $9.00.>>>

Gee, I hadn't noticed that 1998 was over yet. Let's see... 51 million shares at .36 EPS... over $18 million in profits. LOL! Funny how the reverse is not mentioned...

Why does the supposedly cash-rich FAMH have to pay for almost everything, even ads, in stock?
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