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

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To: greg Benfield who wrote (2736)6/9/1999 6:25:00 PM
From: samcat9  Read Replies (1) of 2887
 
Greg, I share your skepticism about whether ...

the good? Dr. Jeff lost money on all of the stocks you listed (ABMI, CLCK, EVDS, OZON, and ALYA). Jeff once EMailed me about buying ABMI at a private placement and fortunately for me I did not participate. After that time Jeff continued to promote ABMI very strongly on the message boards.

Jeff also told me that CLCK was an excellent buy at $2.50 and it dropped sharply shortly thereafter. He also told me that EVDS was an excellent buy and it dropped dramatically in no time. Fortunately for me, I followed neither recommendation.

This makes me ask myself "Did Jeff have an exit strategy in these stocks and was I a part of it?"

Or could he have really been on the up and up and been wrong on all of these stocks and really suffered financial losses?

FYI, I am still long on ABMI. I believe that the company is in as good a position NOW as it has ever been. ABMI is rid of the Summers litigation, has $1M in cash due from the recent contract, with royalties also forthcoming from that contract. However, there are still negatives, but things IMHO are looking up.

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