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


To: tonto who wrote (13793)4/25/1998 7:32:00 AM
From: PHarris  Read Replies (2) | Respond to of 27968
 
After reading Markox's post last night sharing his reasons for selling out, I went to bed worried about my investment because he hit on all of my own sore spots with FAMH. Large O/S and no financials. It has to be worrisome that the reason stated by Atrix for pulling out was NO FINANCIALS.
So, when I got up this morning, I thought I would ask someone on this thread to go visit their office again to make sure FAMH had not mysteriously packed up and gone home. And lo and behold, there was JAKE 11's post.
So, even though I still feel insecure about my investment at this point, I remided myself that when I bought in last November, I had decided to stay in for 2 years.(Unless something drastic happened of course, and perhaps this ATRIX thing should be a red flag).
LE's suggestion that Ira is holding off until May "when restriced shares become unrestricted" keeps gnawing at me even though that was somewhat refuted by Cheryl.
I also reminded myself that I am not that heavily invested and I myself posted several times reminding people the risk vs reward theme. If I lose the bet it's not a great loss but if I win, what a win! Perhaps I got too caught up in how I would spend my riches should they occur. Back to my own reality I guess.
I'll hang in there even though my "own comfort level" has been shaken.

Priscilla



To: tonto who wrote (13793)4/26/1998 11:59:00 PM
From: JIN CHUN  Read Replies (1) | Respond to of 27968
 
Tonto: I have to disagree with you. I've intentionally stayed off of my computer for a while. After reading the thread, and the press releases from Friday, My opinion is that the last release by Ira after market close was truly classy. Anyone in the know about the situation knew that it was unfriendly, at the very least. Tacky? That's calling Wexford Capital and Ira Monas people who are "claiming" to represent Firamada. Everyone, I think, knew that the merger at least would have been a win win, or at the very least a win for the ATXI shareholders. As it is, IMO, it is a big loser for ATXI. As Psycprof had said, ATXI is not liquid.

I personally would not trust a word that comes from ATXI management based on their behaviour from the start of these merger negotiations. If I were Steven Reidel or Dan Gerber, I'd install caller id pronto, and if the number reads Jerry Mathwig, I'd hide behind my desk. He's the biggest loser in this IMO. He had, before the reverse split by ATXI in January, over 3MM shares of stock if I remember correctly. After the reverse, the price kept falling. Now he's left with a boat load of stock that keeps sinking. OUCH!

Jin. catching up.