Greetings Glen, *Max* et al: Yes Glen, entirely accurate, as always. I would only add that once the (initial) market share and revenue targets have been achieved (remember, they are WAY ahead of schudule) and JT and Kent address bringing up the interal growth rate, that they will also be increasing their overall margins via sales of branded and high margin, patented, gentically marked seed products.
**SOMEWHAT, OFF TOPIC** MAX, I am concerned. In your post you said you had to decide if to buy the stock, but then you inserted(BG). Normally, I would surmise that you meant Big Grin, and I hope that is what you meant, and NOT that you were thinking about buying BG. I would rarely say this, but, Max, if you ARE thinking about buying BG, DON'T.
In regard to ABTX, what is there to think about Max? You have been following the stock for quite awhile. I would bet your hesitancy is a matter of overcoming a natural fear of buying something at its now current high range, something that you have seen go from 2 to 4 to 6 etc in your paper trade exercise. Who would blame you? It seems like an entirely reasonable fear to me.
However, if you are comfortable with YOUR OWN dd and that you understand the company and it's prospects and the factors which have pushed ABTX to where it is today, as well as the logic and analysis behind the four "strong" buy reports and why they each reached the same investment conclusions over separate time frames, then Max, my suggestion is, mildly put, "step up and pat the pony".
Regards, Pete
PS I don't like buying at the high either, but tomorrow I will buying another 4k shares. And, they might go down for a week or two prior to year end prior to resuming their climb in 98. But then again.......they may not, and given I am a SIZE long term holder, and I WANT to have the shares, I really do not care if they go down for two or three or even more weeks. Max, if you really are a long term holder, neither do you. But as always, judge for yourself.
And Max, remember this, Trust NO One, Not Even Me.
Am I right Glen?, or am I right!. |