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 : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (4541)	8/25/1998 5:58:00 PM
From: Barron Von Hymen	Respond to of 8359

No problem. You are probably long big time on ABTX and trying to stay positive. I don't blame you. But over my trading experience, I've seen a lot of dead cat bounces, or short covering that cause surges in stock price. But in the long run, chances are that a decrease in earnings forecast surrounding negative news leaves your stock languishing in the mud. So you may laugh at those institutions dumping entire blocks of companies that report really bad news. But research shows that more than 60% of the time, they were right to do so, a couple of quarters later. Some good writing calls did in this case eh? No doubt there's going to be lawsuits against the company.