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


To: ARCHIE P. who wrote (1026)12/2/1997 7:32:00 AM
From: Mr. Miller  Read Replies (2) | Respond to of 8359
 
Bad huh? Unbecoming of a soldier. I am just so disappointed that penny
stocks can be hyped like that-I fear that many will make mistakes I did in my early
years in some penny stocks. It is okay to risk, but understand the facts that
you are investing on. BCMD is trying to mine gold. If they find some the company will go up and
then slam right back down as it has. Pople are writing on that thread that the company has strong fundamentals.
You believe that junk? No revs for, for as long as I can look back, no earnings, a ton a stock, a ton of warrants, a ton
of preferred stock. They face delisting from NASDAQ if they can't keep their price above $1 by next
Feb. and people on that thread are not willing to accept the notion that
the company may have to do ANOTHER reverse split to stay alive. It is just something that is more likely to happen
than finding the mother lode in them thar hills! I am trying to be the reality check to help
the poor defenseless sheep in the valley of the Wolf.

Anyway, I rode the wave and pushed that money back into ABTX late last week and now. We are into December now
and I wanted to beat the rush before the Jan.1st (expected) completion of the ABTX deals. I was not willing to play around anymore, anywhere else.
I sunk my cash into ABTX. I did not know when the stock might start climbing in anticipation of the new year. Now that this conference is up,
it could be a kickoff for a slow(still bumpy) rise to begin our explosive year in 1998. I still will be looking for $24 by June1st, and
would not doubt $30 by year end. I will stick to $24 as my short-term goal. I feel good about that number sometime next year, but June1st is where
I can only say that I feel it will be realized. No hype. Just an opinion.

Do you know how to get liquid dial out of the grooves between my keys(smile).

Miller