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

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To: Bill Fortune III who wrote (622)5/2/1998 9:03:00 PM
From: Binder  Read Replies (1) of 2887
 
Jeff, I have been trying to let some folks know about ABMI, and know of several who are in it.

However, I must disagree about it being beneficial to the stock to "broadcast" it all over SI. Posting it on threads frequented by known Daytraders and momentum traders could be asking for trouble.
They will take it, run it, rape it, and leave all of us holding the bag. I have seen it happen all too often.

I am more interested in seeing slow steady growth combined with accumulation by long term investors rather than traders.

I know I am new here, and probably have not "paid my dues" with this stock enough to voice such opposition. However, that is my opinion, and like I said, I have seen it happen all too often.

On the Trading 101 thread, there is an article written by GaBard, which was just posted tonight. It explains the differences between momentum trades vs. long term investments. Excellent Reading!

Just my opinion,
Binder
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