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Microcap & Penny Stocks : ABTX - Agribiotech

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To: taxman who wrote (7654)3/1/1999 8:58:00 PM
From: Osothebear_517  Read Replies (1) of 8359
 
I was thinking today about a scenario that can't happen but what if it could?

How about if this afternoon at 3:00 P.M. E.S.T. there had been an announcement that for the next three months, there would be no ABTX stock available and you therefore had to make up your mind then and there as to w/n you wanted to be long or short the stock three months hence. My bet is that with the change of management, the potential for improvements in financials and the possibility for significant r/d announcements, that there would have been one of the greatest short squeezes in stock market history in that last hour of trading.

Now as whimsical as such a thought is, it points out the risk that you dear sweet shorts face every morning. This stock is one announcement away from double digits again and two announcements away from the moon.

Holding my long position and dreaming is a lot more comfortable than trying to sneak a few more downticks out of this company before the avalanche starts. It ain't going belly up.

OSO
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