ABTX - Agribiotech Message Board

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Microcap & Penny Stocks : ABTX - Agribiotech

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To: The Ox who wrote (7722)	3/13/1999 2:51:00 PM
From: drakes353	Read Replies (2) of 8359

Michael: I don't trade stocks I like as shorts from the long side even for a bounce. Take a look at what happened to the people that were buying SMTK on the T rumor. It's just to easy to get left holdign the bag on the long side. Besides buying low relative strength stocks is one of the single worst ways to try to make money in the market. It's just not my game. ABTX will be dribbling out plenty of more bad news in the coming months. Small cap turnarounds are a long time in the making. ABTX won't be any different from the rest. Once every last bit of optimism has been ground out of the longs maybe the stock will have finally found a true bottom. I expect that to be somewhere around $2, could be lower if they have trouble getting their debt house in order. drakes353

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