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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: dexx who wrote (14876)5/4/1998 6:55:00 PM
From: Mark[ox5]  Read Replies (1) of 27968
 
FAMH looks good for a longer term hold.

Dexx... exactly. And that is why FAMH is going to have trouble capturing the imagtion of the penny stock crowd. If these people wanted a longer term hold, they WOULD buy MSFT or LU. Lets not kid ourseleves, we are here taking bigger risks because we want big QUICK returns, not a longer term hold.

So I guess now we are in the hands of the brokers and whoever else Ira is going to pitch the company to on his 10 city tour. Aside from that 1 quick run from .30 range to .60 range when we had 10-15M less shares, FAMH has not had any quick moves upward, it rarely moves more than .03 or .04 on news...... and thats NOT what people on this exchange (for the most part) are looking for.

Yes, I know the retort will be "but its a great long term hold--- lots of potential return" and you know what, YOUR RIGHT! It does seem to have that potential. However, YOUR money is not going to move the stock price. MY money isnt either. You have to look at the whole picture, and what will draw new people into the stock. FAMH has worn out its welcome with the penny trading crowd, so its critical Ira brings in the real $$$$ on his tour.

It will make for an interesting week nonetheless...

Kicking a rock,
Mark
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