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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Forest Gump who wrote (13390)4/22/1998 10:16:00 PM
From: Selfop  Read Replies (1) of 27968
 
BUILDING A BASE FOR THE FUTURE IMO Many people who got into FAMH at .10 .20 .30 .40 were excited at the Myriad closing for one purpose, to cash in some chips, convert paper dollars to hard cash, so they went into Monday hoping for that big rise, that golden opportunity to sell. So we had more sellers than buyers from the start. Most of us thought the opposite would happen. As Monday and the week progressed , there was more selling on pure frustration and disappointment. This process has created a new wave of buyers, like myself who are getting in about .60 waiting for that next leg up when audited financials and quarter to quarter earnings improvements justify that leg up. When this happens, say at 1.00 there will be a new wave of sellers to take profits and a new base will form for the next leg up. While some stocks are flying high DGIV GNNX most stocks do not go directly up. Take it one base at a time. Patience is a virtue if we can all afford to hold. Those high flyers are tempting, but you people have found a great long term play in FAMH. Your faith will be rewarded in time.
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