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Microcap & Penny Stocks : ABTX - Agribiotech

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To: W Shakespeare who wrote (7829)4/17/1999 11:05:00 AM
From: drakes353   of 8359
 
Willie

Still fairly value ABTX at around $2? I'll warm up the oven for you so that you can savor that tasty crow. . .

Might have to up that a bit to reflect the convert buyback. Just have to wait and see if it actually takes place. FWIW, I still expect ABTX to set new lows as the year progresses. Small cap turnarounds take a long, long time to develop, ABTX shouldn't be any different.

Besides there are still way too many people in this thing with unreasonable expectations. One numbskull on the Yahoo! board posted that he thought the news of the possible convert buyback would send the stock back into the teens. What planet do these people come from?

If there's no follow-through to the upside come Monday I suspect that ABTX will continue to be mired in the $5 - $6 1/2 area for the next little while.

drakes353

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