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


To: Jonathan Lebed who wrote (2351)1/30/1998 8:07:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 27968
 
Jonathan,

"I think there is still a good chance we can be listed on the AMEX this quarter even though Ira didn't even mention it in yesterday's CC."

A quarter is 3 months. that is approx 12 weeks. A listing process takes at minimum 6-8. So you are saying within 4 weeks the price will be at the AMEX minimum of $4?

I think what you dont realize is if by some miracle this one rises to $2-$3 anytime in the next 6 months there will be a lot of profit taking (SELLING) all along the way. Unlike you, everyone has a different persepctive and for some a GUARANTEED 700% return (say if the stock hits $2.50) will make many people happy rather than just sitting and holding and holding for the magical $4 or $5 or whatnot. Then you will factor in daytraders etc. No ride up is smooth as people with different "happy with their investment" levels take profits all along the way. Yes if the co. is good their will be others to take their place... but...

Plus you have a stock listed on a BB exchange which the market makers are going to do everything in their power to keep on the exchange as long as possible because its such a great exchange for manipulation.

All that said, Id be happy to be glady wrong and see FAMH at $4 in 4 weeks as you propose.

Mark