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


To: JOEY who wrote (10016)4/1/1998 2:21:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Jake, I have a feeling that shares are very short, but that the MM's still want to manipulate the price.

Jin.



To: JOEY who wrote (10016)4/1/1998 2:51:00 PM
From: Gary Smith  Read Replies (1) | Respond to of 27968
 
Jake, my limit order for .62 at 1 p.m. got filled in a New York minute. Ask slipped to .61 briefly, but there's too much interest on the ask side, so we won't catch a break.

Next on the horizon is the market's adjustments of the relative stock prices based on the expected and, later, announced merger exchange ratios. Looking at the financial analyses done by Jin and others will suggest that, in the new trailing EPS, FAMH could justify some increase. And, it certainly could stand solid appreciation on the forward looking EPS of the merged company after Myriad, ATXI and post-merger financials. This is the rationale for short term appreciation in FAMH, in addition to the good news effectively enumerated by BCfan in post 10016.

More @ .62, looking for .75 in next few days.