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

To: cocoam who wrote (1355)	12/17/1997 2:24:00 PM
From: ARCHIE P.	Read Replies (1) \| Respond to of 8359

Hello Cocoam, don't be so hard on Lucky and his band of bottom feeders, after all they do a great job of keeping the bottom of the tank clean. Shorts at this point in time can do very little to hurt the price of this stock. If the big money longs begin to sell, then and only then will ABTX be in trouble. The big money is just starting to discover this diamond in the rough, and this pullback will open the door for many to enter in at lower levels whom missed the recent rally. The in and out momentum players are dropping out, thus the stock price drops fast. New money will come in and the price will rise again to the upper levels of the new tradeing range. ABTX will make her pit stops, then the race is back on to the number 1 spot in forage & turf grass in the world. Lucky and his pals grab when and what they can, us ABTX longs, we just smile, nod the head, and wink, as they flash by.....Archie P.s. thats TM2 Archie

To: cocoam who wrote (1355)	12/17/1997 5:02:00 PM
From: Lucky	Read Replies (2) \| Respond to of 8359

cocoam I will give you a little tip here.The drop to 13 today and the rise to 14+ is called a bounce.This bounce was fuelled by short covering on the most part.You will definitely see 13 or less within the next week.It is very unlikely ABTX will see 15 again in the next 2-3 months as you haven't even started consolidation here yet. Remember there are a lot of investors with large gains here that are holding off selling until January so that they can defer taxes till next year.Combine this with a likely bear market and I suspect any new investment here is dead money for quite a while. From an investment point of view I would have some concerns here.Such as PE ratios seem very high,ABTX expanding too fast(How are they paying for this expansion ie.dilution/debt?).Analyts forecasts dont excite me when they project a stock at 15 to only go to 20 (speculative buy ).Anyways I honestly don't care as I'm a trader not investor. I personally accomplished my goal here (16% ROI)in 2 days.Looking for our next play that returns us 10% within 5 days.Do you think ABTX will do this for me each week? See ya! Lucky.