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


To: Jonathan Lebed who wrote (2382)1/31/1998 11:59:00 PM
From: paul j. gourley  Respond to of 27968
 
Jonathan DUH Lebed, Fortunately I purchased my shares before you started posting to this thread (Thanks Cheryl,John, & Rick). If I would have started DD and came to this thread after your post, I would have ran the other direction. Your constant hype of where FAMH will be in 1 week, 1 month, and orfuture are quite misleading. Your over hype is just as bad as little engine's negativity. This is only a penny stock, if you are long as you say you are, you should not worry about near future prices. As for reverse splits, they are generally bad. Maybe xcl was poor example. Nothing has ever been mentioned about a reverse from IRA, so quit beating a dead horse.
I am sorry to the rest of the people on this thread but I get tired of reading through the numerous posting of certain parties whom have nothing important to say but wishful thoughts.



To: Jonathan Lebed who wrote (2382)2/1/1998 4:04:00 AM
From: Andrew H  Respond to of 27968
 
>> The bottom line is...reverse splits are deadly to overvalued companys but helpful to undervalued companys like us.<<

Jonathon, where do you get this from? While reverse splits theoretically have no effect on the value of a stock, in reality they almost always result in a considerably lower stock price. A reverse split is bad news to both overvalued and undervalued companies, but overvalued companies generally would not find themselves in the position of having to do a reverse split. They are generally done by small companies with low stock prices that want to be listed on a major exchange.

Look, folks, I'm sorry I mentioned the possibility of a reverse split. It was only because I was trying to figure out how the company was going to multiply its stock price by 10 to get on a major exchange and because I figured at current prices the company the company would need to add about 40MM shares to borrow the 12MM they mentioned in the conference call. However, Ira has told Cheryl it is not going to happen. So, let's give them the benefit of the doubt!



To: Jonathan Lebed who wrote (2382)2/1/1998 9:08:00 AM
From: Freddie Forte  Read Replies (4) | Respond to of 27968
 
Jonathan....We all appreciate your enthusiasm towards Famh, but, your cheerleading is serving no purpose and has no foundation. When you say, " 1.00 by next Friday", What FACTUAL information do you base this on ? When you say, " a reverse split would be great for an undervalued company like Famh ", What FACTUAL information do you base this on ? Cite examples. This is such a ridiculous statement, further comment is unwarranted. If this company reverse splits, run for the door. So lets drop this reverse split nonsense. All you're doing is scaring off REAL investors.

To anyone interested in the technical outlook, here goes:
RSI passed thru 50- Bullish
Money Flow is on a vertical climb- Bullish
On Balance Volume is increasing once again- Bullish
Momentum is increasing- Bullish
Stochastic lines are about to cross to the upside- Bullish
Accumulation/Distribution line still plummeting- Very Bearish
Famh's price ended above moving averages- Bullish

From a charting perspective, things are quite positive. That A/D line still concerns me, however. There is a selling pressure on this stock every time it picks up some steam. I'm very leary as to where these shares are coming from . Short-selling or cheap shares from insiders ?
Who knows ? Well, it's going to be 55 today in the NE. Off to the links...