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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)
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To: Russel W. Kennel who wrote (1178)6/8/1998 9:23:00 AM
From: Jeffrey L. Henken  Read Replies (2) of 2887
 
Russ, it's up to every investor to decide when to buy, sell or hold any investment. It's my belief that the selling has only been magnified by a lack of buying. There really has not been that much volume on the way down.

We really have dropped from $1.01 to .55 on low volume while loads of ugly bickering took place. Personally I have no objection to hearing both sides of any story as it concerns a stock and it's fundamentals. But lets refrain from personal attacks based on information you cannot be certain of in the least.

If we get a bounce off that 200 day moving average and a pick of in volume we will have a higher share price. It won't matter who is buying because as long as you are in we will all be making money.

Since we know stocks don't go up forever in a straight line we may very well see more and more selling and a repetition of the cycle. So what? Like I said buy, sell or hold as you like but do not point fingers please.

Ultimately 1998 could be the year longs are very much rewarded for their patience. Those who have sold will not be rewarded in the same fashion as those who are buying and holding. I'm one of Brenda's friends and I am holding what I have and buying more today if we get that bounce. Time will tell if I am right but it's not the two views of the stock that I take exception to it's the personal attacks. Lets move on if we can please.

Regards, Jeff
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