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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (19099)4/16/2004 4:47:07 PM
From: Paul Senior  Read Replies (1) | Respond to of 78749
 
Profits are good,yes. But no one on this thread should've profited from ABIX because there was no good reason for a value investor to buy this stock. (imo)

A value investor couldn't have anticipated the exclusive agreement, let alone the effect of its announcement tripling the stock. (Or perhaps I am missing clues from the 10K? If so, no one here or on Yahoo (as I recall) reported this opportunity at the time the stock was mentioned here.)

I can say though that if there is anybody in this stock, congratulations on your good luck!!



To: Jurgis Bekepuris who wrote (19099)4/18/2004 7:24:32 PM
From: MCsweet  Read Replies (1) | Respond to of 78749
 
ABIX,

Genius of genius, I sold ABIX at a modest profit in March in order to downsize the risk of my portfolio. I only had 1500 shares, but that would have been what 15 grand?

MC