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


To: TraderGreg who wrote (22740)8/6/1998 4:05:00 AM
From: M. Murray  Respond to of 27968
 
To all who own this stock:
I think that there are some saavy investors who bought FAMH, I think there are some people on this thread who generate worthy discussion, not DD, because DD is virtually impossible on BB stocks. I would like to think that the people on this thread who seem knowledgeable invest in other less risky stocks. None of us know the upside/downside potential of FAMH because there are simply no fundamentals to evaluate at this time. Persistent rhetoric about where FAMH is going, or will Arif surrender shares, or when will earnings be out, or why do the 96-97 numbers matter is getting us nowhere. At one point in time I owned a lot more shares of FAMH then I do now, but lets be real everybody, even when I owned a ton of FAMH it was still less of an investment dollar wise than my other holdings. The term risk/reward is what this stock is all about. The sector FAMH is a part of is a very volatile unpredictable arena, outsourcing, or temporary staffing may prove to be a flash in the pan,(look at Manpower they had less than expected earnings last Q) when it is frankly easier for companies to downsize and maintain a smaller, but very productive core of key employees. That said, to those of us who still own FAMH would naturally like to see a positive return on our investment. The bottom line is only time will tell. I believe that all the bases have been covered in realtion to why this stock is not performing, all that remains is can the company follow through and return shareholder confidence. There is nothing worse than being "stuck" in a stock that is not making you money, but waiting out a so called "dog" can be very rewarding.
MM