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


To: Aishwarya who wrote (320)3/26/1998 11:52:00 AM
From: Ray Tarke  Respond to of 2887
 
Sri,

My truck is in the drive way !!

I got my shovel and scooping all I can !

Great News. This is going to be a fantastic year for we the stockholders.

Good Opportunity to add.

Regards,
Ray



To: Aishwarya who wrote (320)3/26/1998 12:06:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 2887
 
Sri: I agree with you that the stock was not manipulated. And, YES, the company hopefully is watching their stock price and at certain times will release news. I would hope that ABMI or any company for that matter would not release all news at one time. The main thing here is the news of their earnings, if that is in fact good, lookout the stock will shoot up. I hope your feelings on their earnings are correct. I have no idea what they will be, but will just wait and see.

Believe me, ABMI still has a lot of day traders out there and that will make ABMI quite volatile until they are washed out. As you said dropping large blocks of stock will drive the price down.

Exposing ABMI's products to the market place is what is needed and it appears that is now happening. Hopefully most stockholders understand that a longer hold is in order here. For those who hang-in there will be good rewards.

As I post this ABMI has returned to 0.74 -0.04 on 688,400 shares on 126 (11:47am) trades from a low of 0.60 of 0.18 earlier in the day.

By the way, we are on the Hot Subjects list again today, second day in a row.

Bill Fortune III



To: Aishwarya who wrote (320)3/26/1998 1:04:00 PM
From: emergencyops  Respond to of 2887
 
The trading log for the trades that walked it down to .60 show a last of .65 and then a sell of 500 shares at .60 (five hundred shares hardly covers the commission and bus fare to work). The very next trade was a 25,000 share sell at .60. Looks to me like somebody shook loose 25K very cheaply by making people think the stock price was collapsing. Who do you think might have done that? Any time you see small block sells like this it is likely manipulation IMO

I will bet it is also pure coincidence that the shakeout occurred at almost exactly the same time of day as the news release (;o)

Funny how these things happen

In any case, I am happy it is recovering

Gary



To: Aishwarya who wrote (320)3/26/1998 2:32:00 PM
From: Y2k_fan  Read Replies (2) | Respond to of 2887
 
According to the recent actions, ABMI acted like a penny stock, pump-and-dump. But I have rarely seen a penny company have such strong and promising technologies.

Let the traders do their games, I consider this as an investment. And I am still accumulating.