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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: Brad who wrote (554)12/29/1997 12:38:00 PM
From: telebob  Read Replies (2) | Respond to of 27968
 
< BB stocks go down because ..>
they also drop because many of these companies have convertible preffered stock , 144 or series 504 selling whereby those holders sell
at a decent profit.What MM is going to sell short FAMH at .30 ??



To: Brad who wrote (554)12/29/1997 2:41:00 PM
From: 9ball  Respond to of 27968
 
Very astute post Brad. I agree with you in all aspects of your post, however, I would add one more thing. Not only do many BB IPOs drop signifigantly, but many NASDAQ and NYSE IPOs do as well. Anyway..... just my 2 cents.

Good luck to all

Andrew