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


To: dave brown who wrote (10503)4/3/1998 5:55:00 PM
From: MY OPINION  Read Replies (1) | Respond to of 27968
 
To the tune of Green Acres.

FAAAAAAAAMH is the place for me
Ira Monas is the man to be
ATXI management dropped the ball
Now Mr.Monas will make money for us all

NASDQ listing is where i'd rather be
Reign the MM's in and make them play
Mr.Monas will now run the show
and our share price will continue to grow!

Have a good weekend!



To: dave brown who wrote (10503)4/3/1998 6:03:00 PM
From: David A. Irvine  Read Replies (2) | Respond to of 27968
 
Dave Brown,
Yes, the MMs make money on the spread. (The [usually] tight spread on FAMH is a good sign, IMO.) They also make money by selling stock they don't have (i.e., shorting). The ultimate goal of shorting a stock is to not have to ever cover it, which does happen. If MMs do have to cover, they want to price to be as low as possible so it won't cost them much to do it. I do not know, but if there are illegal short positions in FAMH, those MMs will be trying desperately to keep the price down. They might even pay a little cash to someone to bad mouth the stock as an engine to push the price lower.

You also stated:

<<<
Investor's will not pay $9.00 a share just because a MM's set that as the price. If there are no takers at $9.00 the price will come down to a point where someone is willing to buy and someone is willing to sell.
>>>

My point exactly. Supply and demand is great, and that is (closer) to how the stock price is set on Nasdaq, and even more so for the NYSE. On the OTC:BB, MM manipulation is much more prevalent then on the Nasdaq or the NYSE, which is why everyone wants off.

-Dave