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: Kool Guy who wrote (24951)10/17/1998 5:08:00 PM
From: R. Murphey  Read Replies (1) of 27968
 
Kool Guy: If you combine a "buy" and a "sell" as one transaction, only something on the order of $25,000 changed hands. Not much in dollars.

I expect as the leaked numbers fear drove the price down below 0.05 with a reduced spread when an optimistic individual or three (who didn't know the numbers)figured there may be a swing back upward. Faced with some buying, the MMs wanted their 20+% margins back and the price rose back up in the afternoon to close where it did prior to the guillotine blade being released.

Put into perspective the "trade" value amount would only pay "Sales, General, and Administrative" expenses at FAMH for 4.3 days(260/yr) based on the 1997 figures.

Now a question is how many shares will hope to move at 0.065 on Monday, and whether the exits will be jammed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News