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: Larry E Smith who wrote (571)4/27/1998 9:13:00 PM
From: Aishwarya  Respond to of 2887
 
Larry,
For now this is a company with a bad past. things are changing and image is everything. They are working hard to build that image for themselves and do a better PR job than in the past.

I do not know for sure that bulletin board stocks have much of a rating. Small institutions may start buying when things start falling in to place with OEM's and on the bigger picture better money management will step in. In the long run accumulation will take place more by individual investors and small financial institutions. By then this company may be gobbled up by a bigger player. All this will take a lot of time. But i am always on the lookout if any small institutions will issue ABMI a buy rating and will let all know that if i hear any.

Regards,

Sri.



To: Larry E Smith who wrote (571)4/27/1998 9:36:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 2887
 
Larry I'm not sure I have ever seen a BB stock that was followed by an analyst. There is no doubt in my mind that it is a great buy but it's not like I've never made a mistake. I think what I will do is let you take a trip over to Daily Stocks and research yourself to death on ABMI or any other stock you might enjoy researching.

To be perfectly honest I usually consider selling a stock on a positive analyst recommendation. This is especially true for me with midcap to large capitalization stocks when analysts all seem to fall in love with the company.

Analysts generally are not a leading indicator when determining the direction that a stock is heading. I think it's best to be a real pessimist when it comes to believing an analyst recommendation. Many analysts are simply paid by institutions or worse yet by the company to help move the stock in a particular direction. In any event no analysts are following ABMI at this time.

You want my speculation on ABMI?

If it falls any more below .60, it's a screaming buy!

Here is the URL to get you to Daily Stocks for ABMI:

dailystocks.com

GO ABMI

Regards, Jeff