Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: kiwi who wrote (1239)	6/11/1998 5:07:00 PM
From: Jeffrey L. Henken	Respond to of 2887

We need more volume and more buying in that volume. I think we have some real resistance at .70 which is the 50 day moving average. Of course the 50 day moving average is falling back a bit so it will be .69 soon. Point is we need more buying to get through that level. Anyway I hope I'm wrong but it might be we are going to trade here below .70 for a few more days before we can expect this small volume to move the stock. There should be more volume in a week or two if some of Brenda's friends can free up some cash. ABMI looks like an exceptional buy to both of us. Brenda bought more today. Anyway check the chart and lets wait and see if I am right or wrong on this forecast: dailystocks.net ABMI did pretty well compared to most of the stocks I follow today. It was an awful day for nearly all of them so hopefully my analysis is a crock. Regards, Jeff