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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: Jeffrey L. Henken who wrote (704)5/6/1998 1:20:00 AM
From: DrMedina1   of 2887
 
Jeff -- don't have any ABMI. I realized about 2 seconds after I bought it at .87 or something that I'd made a mistake, and was happy to get .72 a day later. I'd rather not research the exact numbers.

I'm sure you mean well, but I think you don't understand what Bard is trying to tell you. Mexy's crowd creates a top, which then becomes a resistance level. It is much harder then for the stock to get beyond that point -- people will dump or try to short it around there for weeks to come.

If real-world interest shows up, the wiseguys get steamrollered. But sometimes, the mere presence of wild fluctuations keeps the real world away.

So on balance, the best thing that can happen to a good microcap company is that it escapes the momentum players' notice.

I know it's frustrating. After having done so much, you feel -- aww, why not give it a boost. Mexy could help us all. But really he can't.

Wish you the best of luck. I'll DD ABMI (which of course I couldn't do when I was racing the sheepfold to get in). If it looks good, I might pick some up again.
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