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Microcap & Penny Stocks : ABTX +600% Sales growth Agrobiotech

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To: BL who wrote (98)3/1/1997 9:18:00 PM
From: ARCHIE P.  Read Replies (1) of 119
 
The only problem I have concerning this company is how long it will take for it to reach double diggets. Technical analysis of micro cap stocks is not even worth time and energy you put into it. This is the getto section of the stock market, the sliderule, trend followers are all upstairs. These stocks do not play by those same rules. They go up, they go down. and if they are any good and turn profitable they will continue upward. It is very difficult to try and play these like you play the large caps. If you like the stock buy and hold. Don't miss the boat on this one trying to play technical games. When the next earnings report comes out on ABTX, and is as good as many suspect, ABTX will leave the trend followers, and the faint of heart, at the starting gate. The only thing that truely counts in playing stocks is the press releases. Good news, stocks go up. Bad news, stocks go down. No news, a traiding range. Trying to time news releases is quite difficult. Right now ABTX is threading water waiting for the next news release......What else can you say....Archie
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