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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: Mark in thoughts who wrote (23728)9/3/1998 10:33:00 PM
From: dave brown  Read Replies (2) of 27968
 
Mark,

I know if FAMH releases positive earnings for 1997 or 1998, you and all the longs will be rewarded. What if 1997 is a loss and so is 1998, where do you draw the line? Will you ever sell or will you ride this stock price to zero? Do you have a date in mind that you expect to see 1997 financials or will you give them until the end of time if that is what they feel they need? I think the stock is heading for a 1 for 10 reverse split, that would reduce shares outstanding and the float. I know that is a double-edged sword because the stock could just drift back down to its pre-split price, but the reduced float could allow for quicker appreciation if they start rolling out good news. What's your thoughts on a reverse split in FAMH's situation? You gotta admit after this earnings issue is put to rest, the next issue is outstanding shares.
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