SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?


To: TraderGreg who wrote (14204)4/28/1998 5:44:00 PM
From: Gator  Read Replies (2) | Respond to of 27968
 
How come every time a stock goes down shorting is assumed?

If a stock goes up, it's because of our amazing stock-picking prowess, but if it goes down, it's those damn market makers shorting the stock.

Could it possibly be that FAMH went down because people wanted to take profits or sold because of Atrix/FAMH breakup or uncertainty over earnings and share count?

Right now, there's just a lot of uncertainty with the stock. When audited numbers come out, there will be a little more certainty (but not totally since I'm assuming they won't include recent events such as Myriad acquisition). If the audited numbers support what Ira has been telling us, the people will regain confidence and buy the stock. Still have to leave open the possibility that the numbers will tell a different story which will be negative for the stock. Personally, I'm about 1/4 as confident as before, which is why I only have 1/4 of my holdings left.

Gator