SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Y2k_fan who wrote (326)3/26/1998 3:17:00 PM
From: Aishwarya  Read Replies (1) | Respond to of 2887
 
Todays Trading :
A reflection from the past: Someone with a good following dumped shares and made profits. Others may also have done it. Since the profit taking was done it will come right back up in a day or two may be more. But as far as a stable investor is concerned they are fine as we are not here buying out with a 24 hour in and out strategy. Its more of a planned buy and i advise not to buy when the price is going up on a very small volume. That means the sellers are lurking to move it down. This is a day trading strategy and its life.

A 10% gain is more than enough for a day trader and here we have had gains of over 100% in the past few days. I want to caution other lurkers and people on the thread not to sell when it is being driven down like that as it will make you all feel like losers. Hold it with a firm realistic target and sell some or the whole of the position when it is achieved.

The adrenaline rush will kill lots when they see a plummet going on and it is natural for a stock below a buck. After a buck the pattern of trading will be well defined and it will be at a buck when i decide my target to sell.

Again remember money flows from the hands of the impatient to the patient. This is a good company and do not get carried away because of trading manipulations. Keep good limit orders and accumulate at reasonable prices.

Regards,

Sri



To: Y2k_fan who wrote (326)3/26/1998 9:20:00 PM
From: Ray Tarke  Read Replies (1) | Respond to of 2887
 
The Fundamentals are better Everyday !

I do not worry about the day to day fluctuations in stocks. Instead, I
try to stay focused on what this company is doing to improve its
operations and right now ABMI is heading in the right direction. When it meets my target price I will revaluate my position.

From the DD I have done ... the best is yet to come. Looking to break $1 soon. I am an investor not a trader. Lots of events in the coming months.

My approach Buy & Hold. Stay tune for more great developments from the company.

Regards,
Ray