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

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To: ~Owl who wrote (1167)6/6/1998 10:31:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 2887
 
The stage is set for a potentially powerful rally off the 200 day moving average perhaps as soon as Monday. Please take a look at the chart to see what I mean if I'm right:

dailystocks.net

When the stock fell as low as .52 on Friday it almost got to the 200 day moving average. It looks like the selling since we last hit $1 has been on relatively low volume. I have more money ready to buy into the next leg up. Despite what the naysayers might tell you, we have had nothing but good news from American BioMed.

I'm ready for another rally!

Regards, Jeff
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