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


To: drakes353 who wrote (7391)2/3/1999 2:46:00 PM
From: John Hensley  Read Replies (1) | Respond to of 8359
 
Hi Drakes-
Being a long, I hate agreeing with you but I see us hitting 5 and gaining support there where I would buy more. It hit 5 in March of 96 and June of 97. Below that 2 1/2 is the next level. I can't imagine that price, but I didn't think we'd ever hit 7 either. Other than technicals, is there fundamentally something that you think will keep the company losing money for over a year? Also, Auric discussed the convertible preferred. Do you know the details of the offering?

TIA.



To: drakes353 who wrote (7391)2/3/1999 5:24:00 PM
From: The Ox  Read Replies (2) | Respond to of 8359
 
Would you be so kind as to explain why you believe ABTX is in the "safe short" category?

Does that deal with the current price compared to previous price?

or

The fact that it's in the 7 dollar range and below 5 it is no longer marginable?

TIA
......BTW is marginable a word? <g>