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


To: Freddie Forte who wrote (11562)4/9/1998 2:21:00 PM
From: Gary Smith  Read Replies (2) | Respond to of 27968
 
Market makers will have to make good and square their accounts on merger day. As it is, MM's have to settle amongst themselves w/in 3 days, if I recall correctly. If they have to, they certainly will have to buy in the market, in order to deliver those shares they "sold" no later than metamorphosis day. How do you like that term? FAMH into a...not butterfly..FA-18 Hornet on merger day.

I hate this market. Here we sit, down .01 and a nothing stock like MBHC is up .09 or 36% on piddlin news.

May the farce be with you.

Gary