ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: c-man who wrote (4470)	8/24/1998 7:44:00 PM
From: charger	Read Replies (1) of 8359

It seems to me that the negative Street perception of this stock must be correlated to the grains supply/demand dynamic, which is dismal at best. Grain prices and feeder cattle prices are plunging, so why would anyone want to buy a company that sells alfalfa seeds? I'm looking for a reason to go long, but with the CRB breaking 200 today, I think it's still too early. Check out a chart of feeder cattle or wheat and look how they bounced at the same time that ABTX went from 15 to 21 two weeks ago. We did get a nice rally in the stock market at that time, but the relationship should not be ignored. How come nobody on this thread talks about commodity prices? Am I off the track? Regards

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