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


To: JIN CHUN who wrote (6254)3/13/1998 1:00:00 PM
From: thetruth4u  Respond to of 27968
 
Real tight spread now...volume slowed..should stay this way until 3:15- 3:30 then maybe some selling before weekend break. I got in at .625 this morning, that was the best my broker could get. I got a feeling most day traders probably in at the same price. They won't make much on FAMH today unless we get surprised by a late rally. Wonder what news we'll get next week????



To: JIN CHUN who wrote (6254)3/13/1998 6:39:00 PM
From: Mark[ox5]  Respond to of 27968
 
Jin, whats comforting to me and why Im not quite as tempted to take a profit as I may be otherwise is that today and the last run up last week, the SIZE of the blocks on the buy side. These aren't 5k blocks, but many 10K, 20K, 30K blocks. When the price was .25 and you see a 20K block maybe that is no big deal, but when its .65 then your starting to talk serious money. And they are repetitive..over and over. I thought much of this was the co. repurchasing but Ira stated only 700K in total repurchased so its the "small guy" buying as well.
And yes, I also "saw" sells on the same magnitude but I account those for quick in and out traders who have money to play with and are good at what they do.

P.S. Dont get TOO excited about institutions buying FAMH even when it reaches the NASDAQ. (at least for the nearterm) Most stocks dont even reach the radar screens of Mutual Funds until the price is $10. But individual brokers will be much more likely to recommend a NASDAQ stock then an OTC-BB one. If as you and Brad tout FAMH reaches $20 range then hey.. this point is moot.

P.S. I have always loved Friday the 13ths.. 7 is my unlucky number. But on this Friday the 13th my "net worth" jumped a whole heck of a lot due to FAMH, and to top that I was notified of a 25% increase in salary. What a day! I wish every day was a Friday the 13th hehe.

I Believe I Can Fly (R Kelly),
Mark