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Microcap & Penny Stocks : ABTX - Agribiotech -- Ignore unavailable to you. Want to Upgrade?


To: Vegas Kate who wrote (7014)1/16/1999 11:50:00 AM
From: The Ox  Read Replies (3) | Respond to of 8359
 
I'm not sure if you are calling me a panicker? I don't believe that is the case. I have carefully followed this company for a very long time, well before this stock was 2 1/4. All my stock was purchased below $9/share. The wonderful return I made selling what was left of my ABTX stake on Friday doesn't bother me one bit.

I consider myself an opportunist. I believe we will see a nice opportunity to add stock at a lower price. I don't have a crystal ball. I am conservative in my approach to stocks where I have tremendous % gains. ABTX fell into that category.

I like what this company is trying to do. I believe in the management of this company.

I am also not going to blindly leave my money in a situation that continues to have dark clouds looming on the short term horizon. With the entire stock market at excessive historical valuations, I believe that a conservative approach is what's best for me.

Each of you should do as you see fit.

Best regards,
Michael