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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI)

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To: daaan who wrote (2696)4/30/1999 10:51:00 AM
From: Hyeonmoo Lee  Read Replies (1) of 2887
 
I learned the same as you did. When I talked to my friend about investment, he knew ABMI where he used to work as a lab tech for a year before his college. I asked alot about ABMI. I decided to invest a small portion of my money when it was around 1 1/16. It was very painful all the way down to $0.20 in 1997. I bought a lot at 0.30 and missed selling at $0.80. I recently doubled my position. I still have a bit of hope that ABMI market their products, but it seems to me a little bit late to penetrate the US market. ABMI should have done that last year when the stent market dramatically grows. I think the investor knows ABMI can not market near term, I mean a year. We definetely need alliance with one of stent market leader. I hope this does not become my third loss in BB stock.
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