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


To: Wink who wrote (8409)3/27/1998 12:41:00 PM
From: Mark[ox5]  Respond to of 27968
 
Why would anyone bid that high on ATXI! Wish I bought some now and sold it for a one week 50% gain. ;>)

You want to know why? Because they feel at the time of the 4 to 1 swap $3.00 AXTI shares (which are equivalanent to 0.75) shares will be a bargain. Meaning FAMH will be over .75 in their opinions at the time of the stock swap. Look at today on light volume... one 4M volume day and .75 will be washed away. NO ONE Is selling.. all the sells are like 4000 and 3000 share blocks of silly people happy to make $343.65 on their FAMH trade.

All speculation.. all the time,
Mark