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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Meisterama who wrote (65)3/5/1998 4:43:00 PM
From: Dave Dalry  Read Replies (2) | Respond to of 2887
 
Jeffrey, where do you see this stock in the next two weeks? It has made considerable percentage gains recently, and I would be interested in increasing my position, but I would like to get a informative projection from you before I buy anymore shares.... I'm thinking of getting out of OZON all together and getting into a stock where the percentage gains are much higher and the company has more going for it.. Dave



To: Meisterama who wrote (65)3/5/1998 6:47:00 PM
From: Jeffrey L. Henken  Read Replies (3) | Respond to of 2887
 
Anyone else here notice the trading pattern here the last few days?

The stock blows out higher early in the morning and then is dragged downward later in the day?

We even closed below the bid!

I don't think that today's close below the actual bid was any accident. There are some very capable investors taking positions in this stock who are simply too cheap to pay the ask!

I know Brenda Greer is one of them!

Many of the people buying shares on ABMI have followed me over from the OZON thread. Most of you are familiar with Brenda. If you aren't then let me tell you about her. She is not a small investor and the phrase smart money was invented with her in mind.

Besides ABMI and OZON we both have holdings in TAVA a Y2K stock which signed another nice contract today with Coca Cola!

So how come ABMI didn't even close on the bid today?

Because my good friend Brenda(and people like her) had a bid(s) in all day at .44. Finally she raised it to .45 right before the close. Brenda's buying of another large block of ABMI drove the price down. Well I admit I am happy for Brenda that she got her shares so cheap but it makes me feel bad that we did not manage to see ABMI close higher.

WAY TO GO BRENDA!

You're so CHEAP!

Regards, Jeff