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Microcap & Penny Stocks : ABTX - Agribiotech
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To: Jeff Sutton who wrote (7243)1/26/1999 2:10:00 AM
From: Ronald Kronemann  Read Replies (1) of 8359
 
Jeff,

if you deal with small growth stocks a.k.a. story stocks you need a lot of patience and a long horizon (at least 3-5 years). For me this drop is the chance to come on board again. I bought my first ABTX in Jan.97 for less than 3$ and sold in October 97 @10$ to buy a house for my family. Guess how I felt when I saw the stock shoot up to almost 30$ a couple of weeks later. This move was way too fast. People like Richard should still have at least 200% profit and a huge potential for the years to come. Biotechnology and Life Sciences will be big in the next 10 to 20 years. I will put in an order today for 9$ for 50% of my desired longterm ABTX holdings and wait.

Have a nice day
Ronald
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