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

To: LTK007 who wrote (1315)	12/13/1997 6:55:00 PM
From: Michael July	Respond to of 8359

From a TA standpoint, gaps up on large volume are a good sign of at least short term strength. However, am concerned in the nearly parabolic move of ABTX recently. Moves of this type typically flame out at least in the short term. Also gaps either up or down nearly always get filled eventually. I'm not trying to rain on anyone's parade here. I am neither short nor long the stock. You all have done well with ABTX and should be congratulated. I first came upon ABTX when BI Research recommended them in the 2 1/2-3 range. I of course did not buy any. Am watching for the inevitable pullback. I'm not smart enough to say it will happen this coming week but the odds favor it will be soon. Good luck to all.