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


To: Aishwarya who wrote (558)4/25/1998 11:31:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Sri at the end of your post you wrote:

ABMI will have its day. A lot of people on yahoo were concerned that the stock is not doing wonders.

Some of those people are truly concerned Sri. I suspect however that many of the posts are from the same individuals posting under multiple aliases. It's sad to say but I'm afraid that the company has made some enemies over the years simply because the stock has under performed. Other people may have a personal vendetta against American BioMed. It's also very likely that MM's might be posting attempting to create at least a small sell off where they can replenish their inventories at a lower cost to try to beat the spread again the next day. It's my sincere belief that they will end up looking very foolish in the end as ABMI trades higher. Every time I see you of these new jokers show up I check his profile to see how long he has been posting. If the profile is brand new and there is no information that would lead me to believe that the new poster is actually a sincere concerned investor then I challenge him with facts about ABMI and wait until the next one appears.

It takes time but miracles are for real and situations change overnight. The patient will make their money and impatient will loose money to day traders who operate faster than them. ABMI is just fine as it was a couple of weeks back. The newly designed web site should be up soon. Can you find a tentative date on when the site will be up Jeff ?

Everytime I have asked Steve about the web site he has told me that they were concentrating their efforts on getting CE Mark approval. As soon as I see that announced I promise to ask him again about why the web site has not been updated but not before. When the web site was brand new in 1996 it did not make the stock go higher or indeed lower it was the company's fundamentals which appeared to be failing. When the web site is updated in 1998 it will also not make the stock move higher or lower it will still be the company's fundamentals.

I think we can agree that by all appearances the company's fundamentals are improving. Yes you may not be able to tell that from the day to day stock action but in the long run it will be apparent to everyone.

Regards, Jeff