ABMC (American Bio Medica) Up 58% today Message Board

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Microcap & Penny Stocks : ABMC (American Bio Medica) Up 58% today

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To: Jim Kennedy who wrote (9)	7/11/1996 7:54:00 PM
From: tao sun	of 43

Jim, I don't have much more info to offer besides what I have learnt from the website and some talks with Steve at OTC. I have requested a dd package for further study, but won't get it until next week. I did not buy ABMC because I was short of cash at that time, but kept an eye on it since it looked interesting. After that 58% runup, ABMC has corrected to $2.5 but every time it reached that point, it bounced right back to $3 though the volume was always low. Right now I still don't know what caused the burst, and don't know why SGA said it could reach $40. Hope some other guys can offer some insight. I think if you want to invest ABMC, just wait for it retreat back to $3-4, don't chase it.

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