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Microcap & Penny Stocks : ABTX - Agribiotech
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To: Osothebear_517 who wrote (7792)4/13/1999 7:09:00 AM
From: drakes353  Read Replies (1) of 8359
 
Oso:

You're inability to properly process the information presented to you boggles the mind.

You and your short progeny have been lecturing all who would listen about the perilous cash position in which ABTX currently resides.

I really have not made much of their cash position. Show me some posts where I've "lectured" anyone about it.

To prove how right you are, you take the totally untenable position that they will not realize any profit in this their busiest qtr or the next.

This isn't my position, it's ABTX's position. They have said, twice now, that they will be breakeven on a pretax basis over the last six months of their fiscal year. Why on earth would you ignore the guidance given by ABTX?

I agree that the analysts' estimates haven't been updated since the JT debacle. That argument has nothing to do with whether the company was profitable for the qtr. just passed or the current qtr.

You had said, based on your misinterpretation of ABTX's "breakeven" remarks, that ABTX has a chance of beating the published estimates. The company has said they will be breakeven, breakeven results will not beat the estimates.

Building up people's expectations about big profits from ABTX over the last six months of their fiscal year serves the interests of the shorts. Keep it up.

drakes353
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