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


To: glen who wrote (1095)12/8/1997 12:18:00 PM
From: c-man  Read Replies (1) | Respond to of 8359
 
What I find of great interest is that at the time of the initial discussion/agreement to buy Lofts a few months ago, ABTX was at/about $8.50 per share (according to the NY Times article Glen posted). ABTX bought Lofts for 2,000,000 shares and cash. BY THE TIME OF THE CLOSING, ABTX was worth $11.25 or better...a cool [whopping] GAIN of 32.2% in value for Lofts sellers BEFORE THEY EVEN CLOSED.

If "I" owned a small seed company, and was looking around at the consolidation going on about me in my given industry, I'ld be booking a ticket to Las Vegas to meet a certain CEO ASAP to get in line. Guess that's happening anyway as we conjecture...but to make a 30+% ROI before the sale is closed must make the Lofts' previous owners feel quite comfortable.

Of course, would it be repeatable to make a 30% return on a deal before the close for future sellers ? Who knows. But is sure a great story within numerous other positive stories surrounding this stock.

c-man



To: glen who wrote (1095)12/9/1997 6:45:00 PM
From: ARCHIE P.  Read Replies (1) | Respond to of 8359
 
Glen, ever since you have gone live, and have been poping out the post, ABTX has been going crazy. Write 50 post tonight and lets see what happens tomorrow. Just kidding Glen, but its true.....TM2 Archie (rank inclueded)



To: glen who wrote (1095)12/9/1997 11:53:00 PM
From: GREGG M. AKIN  Read Replies (1) | Respond to of 8359
 
Glen, thankyou for pointing out that now is the time to add to positions. I did so this morning at the open and was already rewarded for doing so. Thanks for drawing my attention to loading up now!

I think its time for CEO Thomas to have a little chat with Mark and Joe on Squawk Box some morning soon.

Regards, Gregg