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


To: JOEY who wrote (6494)3/15/1998 7:20:00 PM
From: JIN CHUN  Respond to of 27968
 
Jake, it could be one, or the other, or both. I'm not sure how that works myself, if anyone does, please educate us! My guess would be that either there were arranged buys for the big blocks, or that one MM or another was stocking inventory. If so, than I think that would bode well, since I wouldn't think they would buy 100k at .65 and sell at a loss. I'm not sure though, and am completely in the dark on how that works. All I can say is that the NET transaction that I saw was +300K at the bid, up to .65.

Jin.



To: JOEY who wrote (6494)3/15/1998 7:21:00 PM
From: william miller  Read Replies (1) | Respond to of 27968
 
To all:

Ind. Investor article Feb.98 Headway HDWY

This was also a staffing company that made it to Nasdaq by
crawling into a shell.I don't know the value of it before
the switch but it looks like it came onto the Nasdaq board
around $4.00.
This company also did a lot of acquisitions along the way
boosting the revenue by 800% since 1995.
CEO said it was cheaper way to get to Nasdaq than an IPO.
Margins in high 20% range and analyst says the stock should
hit $8 on 24 times earnings.

Looks like ours,
Bumper



To: JOEY who wrote (6494)3/15/1998 9:25:00 PM
From: Mark[ox5]  Read Replies (3) | Respond to of 27968
 
Jake, dont get carried away.. its not institutional buying. Institutions (Mutual Funds, Pensions, Trusts, etc) arent even allowed to buy this sort of thing.

I'm not sure if its MM's or some people with a lot of wealth who can throw around $65,000 at once (like Jane!) but I'd sau no no on the institutions at these levels, and on this exchange.

Actually, this could get very interesting if any of the "BIG" people who have been buying in the past 2 weeks have any sort of medium time horizon.. less and less shares available for people in the upcoming week(s). Demand and Supply.. its a wonderful thing when your on the right side.

After Friday. lots of new money is in at .60ish so even for a 25% gain, you are looking at .75 at the next sell off point.

On the other hand if no news Monday or Tuesday you could see a possible drifting downward of the price as short term people leave en masse.

P.S. Whoever meantioned Headway (HDWY) Nasdaq, it looks interesting at first (5 minute) glance.. it has diluted earnings of .28 for full year 1997 and trades at 7 7/16. FAMH will be around .36 EPS 1997 so lets be conservative and put a $8.00 on it.. so at todays level that is $2.00 (after 4 to 1) Hmmmmmmm

Cautious but psyched,
Mark