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 : FAMH - FIRAMADA Staffing Services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freddie Forte who wrote (16248)5/9/1998 10:59:00 AM
From: dave brown  Read Replies (1) of 27968
 
MM's can make money just facilitating buys and sells. You claim they are shorting the "heck" out of it. Why would they want to expose themselves to potential losses? They become just like any other investor who decides to short. Their potential loss is unlimited. You can say that MM's control the price, but you are wrong. They can try to post whatever bid and ask they want, but if all the you and me's out there are not willing to buy or sell at the quoted prices, the quoted prices will change. Also in your scenario how does any BB stock go up? There have been a lot of them.

Also the company has still not given me anything to evaluate this as an investment. It would just be a gamble. My gut feeling is it could be a good gamble. I have mixed emotions because each day it goes down I think it is a good price to get back in, but then it goes down a little more. I admit I am not looking to retire on this stock (I don't look for that in any stock). I am not a day trader, but may only hold for a month or two.

I work for a brokerage firm and I can safely say that in 12 years I have never seen a company do and say the things FAMH has done. It is very interesting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext