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


To: Jane4IceCream who wrote (4272)2/26/1998 11:42:00 PM
From: Little Engine  Read Replies (2) | Respond to of 27968
 
Jane,

Was just chatting with Jamie on AOL....

You are correct. He did have to break them up into batches, four to be exact.

They went as follows: ....... 13,000, 15,000, 10,000 30,880
Total: 68,880

Easy enough to check out, I would imagine.

Thanks,
L.E.

P.S. If everyone followed your line of thinking, then nobody would ever sell this stock. Doesn't look like what's happening. You don't believe any shareholders sold today?



To: Jane4IceCream who wrote (4272)2/26/1998 11:47:00 PM
From: pressboxjr  Read Replies (1) | Respond to of 27968
 
Not necessarily Jane,

I have a copy of Jimbo's post #1944 that shows a few interesting things:

1.) There was a block sell of 1,723,200 @.30 followed by:

2.) Block sell of 169,600 @ .31.

3.) Block sell of 323,200 @.31.

I found those trades rather interesting. That would really spook me if I was an investor.

Like I said, be careful.

HR




To: Jane4IceCream who wrote (4272)2/27/1998 12:06:00 AM
From: pressboxjr  Respond to of 27968
 
One other thing to check out:

Anyone with Level II can check and see who the MM's are. That also tells quite a bit about a stock.

HR



To: Jane4IceCream who wrote (4272)2/27/1998 1:13:00 AM
From: TraderGreg  Read Replies (2) | Respond to of 27968
 
Let's play Devil's Advocate. Say you're holding 69,000 shares at, what , 40 cents? OK. You take the guaranteed $7K loss today. If you're right and the stock gets hammered you can come back in and buy the 69000 back cheaper, have cash leftover, and if it does a Dead Rat Bounce, who knows, you can break even.
But what if you're wrong? Won't you feel like someone just shoved an Engine down your throat?

Call me crazy, but if I owned 69000 FAMH @40, I'd wait on the news and average down if necessary. This isn't a call option that's expiring next week. Geez, even those poor folks on EUTO are recovering their investment by buying on dips and sells on pops. If they can do it, anyone can.

TG