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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)
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To: Dave Dalry who wrote (482)4/16/1998 9:46:00 AM
From: Aishwarya  Read Replies (1) of 2887
 
Dave,
The stock price is reflecting day trading patterns at this point. I know for a fact that the amount of shares bought in the last one month far exceed the number of shares sold. That is the trend in the long run. More dips will encourage more buying and the shares are moving gradually in to hands that will hold the shares. The selling also puts reality checks on the stock. For every seller there is a buyer and theoretically if there were no sellers the stock would be priceless.

The recent news only strengthens our belief that ABMI is going to tread higher grounds soon as all the necessary catalysts that will increase revenues ( and also the stock ) are in place. Next few months will speak for itself.

Go ABMI,

Sri
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