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

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To: emergencyops who wrote (319)3/26/1998 11:34:00 AM
From: Aishwarya  Read Replies (4) of 2887
 
Gary,
I do not think that the stock was manipulated before the news or that people knew that this news was slated to be released. I think the company is watching its stock price and they decided to release the news. They may have more announcements which they want to release at a good time.

If there are more sellers than buyers then obviously th stock falls. This is so true and when the stock goes up on very low volume that is when you should put brakes on. I have had 3rd degree burns for not following that rule but am recovering very well from the past.

Again what this news reinforces is that ABMI products are finally being recognized and they are being put on the retail shelves which is itself positive news. I bet their earnings for 1998 will be significantly higher than the last few years.

Go ABMI !!!!!

Regards,

Sri.
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