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

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To: chip who wrote (325)3/26/1998 3:25:00 PM
From: Aishwarya  Read Replies (1) of 2887
 
I really do feel that the company is watching their stock price daily and thats good. But tailoring their public relations accordingly is a whole different ballgame.

For a small company to have a good impact on its stock price they have to wait for a good day/good time to make press releases. Check for yourself most companies have a certain day of the week for a press release etc etc etc.

We did need some good news to sustain the price gain achieved over the last few days and i surmised that the timing of the press release was good in the wake of the current selling that were going on and it is good for the stock for a rapid turnaround.

I am sure we will have better trades coming in soon when some folks digest the news. I cannot see even one negative announcement in the last few press releases and earnings are slated to come by end of the month. Watch, wait and see.

Regards,

Sri.
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