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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (1)1/18/1998 6:04:00 PM
From: Amigo Mike  Read Replies (1) of 29382
 
Hi Amigo,

ANTX - Antex Biologics (OTC-BB) - Antex is a small unknown biotech working on bacteria vaccines. They are currently working on three vaccine candidates in clinical trials plus 4 more in preclinical research. Antex has agreements with SmithKline Beecham, Pasteur Merioux and the US DOD. Antex is one of the few research stage biotechs that doesn't loose millions each quarter. I have successfully traded shares in Antex both long and short term. I will always hold a long term position ..... constantly adding to it on wave dips in the stock. Antex is currently trading around $1 .... and has plenty of news to release regarding 3 current trials during the first quarter. I am currently trying to buy shares in the 15/16 to $1 range before the next wave which should commence shortly. I am seeking a 50% gain on these shares over the next 6 weeks. Target $1.50 for a short term trade. Will hold long term for $$$$$$. IMO this one is a big long term winner. The Amigos are holding this one very long and taking advantage of short term trading opportunities.

APCO - Automobile Protection Inc (Nasdaq) - APCO is an automobile service plan provider for both new and used autos under the Easy Care (r) program. APCO has close NASCAR affiliations (sponsor for Joe Gibbs Racing - Bobby Labonte #18), has recently signed an exclusive with Sonic Automotive (SAH). APCO boasts Sonic and America Honda as its largest customers. APCO currently only has 1% of the market and is seeking entry into the largest markets in the country (i.e. LA, NY, Fla). Complete details are available here on SI on the APCO thread. Currently APCO is asking 6 1/2. The Amigos expect an earnings surprise. Over the next four weeks, I expect a move to $8.50 or above.

Mike
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