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

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To: Lhn5 who wrote (595)4/30/1998 12:34:00 AM
From: Jeffrey L. Henken  Read Replies (2) of 2887
 
>>In the other million share days you have seen Jeff, was there such a large rise, and what usually happened the next day?<<

The stock has moved higher each of the subsequent days after volume high enough to exceed a million shares the day before. We have definely seen bigger moves on a percentage basis in a single day on high volume. It's interesting to note that most of these moves have occurred without any news from the company to spur the rise.

Also extremely bullish from a TA standpoint is that the stock closed at the high for the day. Still the one thing I don't want to do is get investors hopes overinflated. A close over .80 by Friday like Dave would like would be wonderful but no one can predict the future with complete accuracy.

GO ABMI!

Regards, Jeff
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