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


To: PHarris who wrote (3295)2/16/1998 11:35:00 AM
From: CO  Read Replies (2) | Respond to of 27968
 
There are some on this thread that appear to want to tear down this stock. What is their true motive to spend so much time and energy? Could it be MONEY motivated?

Most people will NOT spend so much time and effort just for the sake of helping other people, especially when it come to investments. This is just my opinion.

Maybe this type of poster DOES intend to buy, but at the lowest possible price.

Someone has mentioned to me that they know of some brokers who have a number of clients that combine their dollars together in order to do bulk buying. These people are sharp and do an unbelievable amount of DD.

Whenever they find a company that looks highly promising, they attack the stock with negative posts to try to drive the price down as low as possible.

They do not buy shares until the last moment. The longer it takes for the news the better for them. They are smart and can keep the speculative investor on the fence to keep the price as low as possible. When the news comes out, they buy.

Think about it, every penny they save on their purchase of just 100,000 shares is good for $1,000. They don't want to tie up their reserves by getting in too early so the trashing continues right up
to the new release.

I know of investments groups that are good and honest and do not play these sleazy games. But I don't see how some people can sleep at night.

Cheryl



To: PHarris who wrote (3295)2/16/1998 12:29:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Priscilla, I agree with Cheryl's response to you. In addition, I would like to say that regardless of what Firamada will post in an audited form for their '97 revenue, the Myriad acquisition alone is likely to add around .06/share. In addition, the post you cite compares Firamada to the likes of Manpower and Kelly services, both of which, in addition to having alot of overhead (FAMH had only 5 offices for most of '97 I believe), focus on the lower end of staffing, ie light industrial, factory and assembly type work. From the last conference call, Ira specifically said that the eps figures were re-occuring.
----I personally do not know what the numbers will tell, although I am comfortable with my own investment, I cannot speak for others. IMO, if they show any profitability at all, in conjunction with the revenue from Myriad(mostly long term contracts), they are still undervalued. My own feeling is that on Tuesday they will announce the finalization of the acquisition of Tech Support in California, along with preliminary financial figures which will explain the numbers more clearly. Again, this is my own guess. Jin.