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


To: Yoccm who wrote (23666)9/1/1998 1:08:00 AM
From: Forest Gump  Read Replies (1) | Respond to of 27968
 
Does an idiot know he is an idiot or is he content just to play with himself......



To: Yoccm who wrote (23666)9/1/1998 1:10:00 AM
From: TraderGreg  Respond to of 27968
 
The irony is that if he torched half of those shares, does anyone doubt that the stock would more than double?

TG



To: Yoccm who wrote (23666)9/1/1998 11:16:00 AM
From: Lurker  Read Replies (1) | Respond to of 27968
 
<<If Arif own 51% of FAMH that would be .51 x 75 mil or 38.25 mil shares. His own
share value has fallen from 22.95 mil to 3.825 mil (.60 to .10), a loss of 19.125 mil,
on paper anyway. Do you suppose he feels as stupid as we do?>>

Last year he owned (.51 x 19.000,000 x .19) =$1.841 in stock.

Let's see, $3.825 - $1.841 = $1.984 profit, just in stock value.

Add in any huge bonuses or stock sales with the other 27 million shares of stock that have become outstanding. (27,000,000 shares x $.30/ave. sale = $9.1 new money for FAMH).

Yes, Arif is totally stupid.

I wish I was that stupid.

Lurker
(Feeling better with all the profits that were available these last few days - ain't volatility great!)