ABTX +600% Sales growth Agrobiotech Message Board

STOCKTALK

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 +600% Sales growth Agrobiotech

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Karl Drobnic who wrote (57)	1/24/1997 1:02:00 AM
From: satish kamat	of 119

Hi Karl: I had spoken to John ealier in December. I had a simialr conversation with him, where he was expecting the upward price action to begin in Jan-Feb. He also mentioned about the secondary share offering only if the price at the time is above 10. I must say that I was skeptic of a company based in Las Vegas, and particularly since I am not a gambler. But I bought between few 2-2.25, as every guidance from John was met. Based on my TA, the stock is completing an extended double bottom, which says worst(due to tax-related selling) is over. More significantly, price broke above the 50-d moving average as well as above 200-d ma, with very strong volume. Both of which are very positive bullish signs. I would look for 50-d ma to cross 200-d ma, of course with the price leading the way. Such a formation spells ultimate bullish ride. Enough TA. How are the fundamentals? If they can really deliever on upside surprise during these two quarters, that will be enough for above formation to come through. GO ABTX. :>) satish kamat

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next