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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: KLAW97 who wrote (496)10/28/1998 1:07:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 939
 
I'll break your rule too. I am buying more ABMI because the stock has once again found support at .18 and is currently trading at .21. The stock rose 120% last week from these levels on little more than a small bit of publicity. While no one can know the future I think ABMI is a pretty reasonable risk at these levels. ABMI has proven time and again that it is a stock that can double in a day:

quote.yahoo.com

dailystocks.net

The stock trades with good volume and is therefore highly liquid. Longer term the technology in R&D is absolutely fantastic. Any progress should be well received.

Regards, Jeff
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