ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: HRAKA who wrote (7508)	2/14/1999 1:12:00 PM
From: Jeff Sutton	Read Replies (2) of 8359

"This is the way the world ends, Not with a bang but a whimper." -- T.S. Eliot, The Hollow Men Somehow the words seem appropriate. It's a ghost town in here. I see know people are trying to get there money back by day-trading ABTX, buying and selling calls, etc. I'm tempted too, but I think this is one of the mistakes people make in trading/investing. Why do we feel compelled to make lost money back on the same stock we lost it on? I feel, the same way, but it makes no sense (other than perhaps you know how a stock trades). If you sell your ABTX stock, you now have whatever cash you sold it for. Why re-invest in ABTX? There are fast-moving, more predictable stocks than ABTX, I'm sure. I'm not sure what I'll do with the few shares I have left. Not at all sure ABTX is done going down yet, but I haven't heard anyone predict it will go to zero.

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