SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ABTX - Agribiotech

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: InvestorLady who wrote (4545)8/26/1998 12:18:00 AM
From: c-man  Read Replies (2) of 8359
 
Lady/all...check out this late evening news release...on ABTX's web site.

WISH, and I can't emphasize that enough, this had been out before the market closed. I am *positive* this news, had it been released even an hour before market close today, would have turned the bloodbath around. But - was not to be.

Guess we'll let it play out tomorrow via conference call.

As typical, Dr. Thomas says some bold things...and I have no doubt they will come to pass. Even the comment that ABTX now technically has the acquisitions it needs to complete stated objectives...and will only consider beneficial deals before accessing debt/capital...that tells me this boat is rock solid and the momentum is merely stalled a bit.

Problem is he said it a day late and after the market was closed. Damage is done. I believe prudence says CEO should have been speaking publicly around $15/share, as that was about the halfway point from $29 in, oh, say a month period ? That failure will be the major disappointment I cannot forget. If nothing else, should have been doing something mid-day today via press release.

Guess those who scooped up the $10 shares will be thrilled in months to come.

c-man
======================
agribiotech.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext