Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: Jim Lang who wrote (876)	10/27/1997 6:26:00 PM
From: Lucretius	Read Replies (2) \| Respond to of 8359

I assume you're being sarcastic, but if not: yes, I do have a few for you to take a look at: the oil drillers. I've owned them since March, and most have doubled or tripled. In addition I owned ABTX on two separate occasions. It has faired well also, but as I'v stated numerous times, @ this pt it is overvalued and due to get wacked. we saw the beginning of it last week, and this mkt is only going to make matters worse for small-cap stocks like ABTX that have no earnings and their valuation is based solely on expansive growth somewhere? in the future. That's why every brokerage house that covers this co. rates it a SPECULATIVE BUY. You don't want to own speculative stocks in this mkt. The drillers are making money NOW! The oil drillers have been consistently beating earnings estimates and are estimated to continue to do so by analysts and the companies alike for at least another 2 to 3 years. The drillers are benefiting from simple supply and demand. There's only so many of them, and everybody wants them. They have no Asian exposure whatsoever. The drillers were actually up Thur and Fri and were down little % wise today. The stocks w/ the strongest RSI will bounce back 1st and the strongest, and that group is the drillers: NE,DO,RIG,ESV,CDG,FLC Good Luck! -Lucretius

To: Jim Lang who wrote (876)	10/27/1997 6:32:00 PM
From: ARCHIE P.	Read Replies (2) \| Respond to of 8359

Jim, Lucretius and our pal X, ARE GETTING THEIR BUTTS KICKED just like the rest of us over the last several days. Its just part of the way things are in this game. When you get into a fist fight you are going to take some hits, and thats the way it is Jim. I think ABTX is still hanging in there pretty tough,inspite the number of the hits it has taken of late. Most of my holdings are down the past few weeks, but I have not made but one small sale, and it surely was not any ABTX. The market will head down on the open tomorrow, but lets just hope that cooler heads prevail, and she bounces back tomorrow afternoon. Hang tough ABTX people, she shall soon make her move up again....Archie