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 -- Ignore unavailable to you. Want to Upgrade?


To: ThirdEye who wrote (1920)1/26/1998 1:01:00 PM
From: JIN CHUN  Respond to of 27968
 
Thank you for your observations.
Personally, I believe that their is MM manipulation beyond the normal dynamics of keeping inventory. NO real evidence just speculation. I would bet that it's happened at least once and would gladly take 1 share of any OTC-BB stock for every time it's happened on this exchange. I simply do not believe that there is enough oversight and regulation on this exchange and that it would help out many smaller issues as well as the average investor if the NASD would extend their rules on the bigger exchange to this one.
The reverse split issue, IMO, is not only a dead horse but should have never been in the race to begin with. It was only speculation on the thread and never mentioned by the company.
I know that some have wary of the promotion going on with Firamada. Personally, it doesn't bother me. I believe that Monas feels confident that once the financials are released the share price will eventually take care of itself without the need for further dilution. I think that they may just be trying to get the word out beyond the scope of SI and other electronic discussion boards. If the financials are good( i.e. close to what they have been saying and showing good profits from continuing operations etc.) then there will be more institutional "looking" at the very least. If anything, retail demand will increase for sure if the audit is good. JMO. Jin.