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: zturk who wrote (14874)5/4/1998 6:45:00 PM
From: Mark[ox5]  Read Replies (1) | Respond to of 27968
 
Someone mentioned that the price is not moving with all the recent news. This feeling is shared by a lot of the investors on this thread , and you better believe that the MM know that. They want us all to lose confidence and sell cheap.

And if the financials comes out on EDGAR and you see no significant rise in price, then what? What happens then?

I think FAMH will be left with the "long term" holders only and everyone else who is looking for the big quick score (which is what penny traders generally are looking for) will be gone. Everyone will be saying why sit in FAMH for 6 months when piece of crap stocks are appreciating 40% in a week ....

Just trying to be realistic here.. and if you dont see a run up on the EDGAR filing your going to see a lot of people throwing in the towel and saying I will take my chances elsewhere. Yes, FAMH could be the next Manpower, but if the price doesnt even begin to reflect it with all these good things in the pipeline, then you are going to see a lot of frustrated shareholders say "screw it".

I will honestly say if FAMH doesnt make .60+ within 2 days of the EDGAR filing you will see some large selling... maybe people will revisit the company in 1.5-2 months when the 1st Q #'s are out (if they are out), and MD show starts running... but in the meantine what is on the SHORT TERM horizon if EDGAR filing fails to move the stock? (besides a road show)

Im not shooting down FAMH as a medium to long term investment; just stressing that your average penny dude is not looking for a medium to long term investment.. if they were they would be on NYSE or NASDAQ.

So in summary: this weeks price action is critical for the SHORT TERM .. like it or not. If people dont see a strong move based on EDGAR they will not bother investing further with the stock for a while.

Mark