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

To: Jeff Sutton who wrote (7509)	2/14/1999 3:14:00 PM
From: LTK007	Respond to of 8359

Jeff HRAKA's idea is good one and viable but I personally took your strategy as described here<< Why do we feel compelled to make lost money back on the same stock we lost it on? I feel, the same way, but it makes no sense (other than perhaps you know how a stock trades). If you sell your ABTX stock, you now have whatever cash you sold it for. Why re-invest in ABTX? There are fast-moving, more predictable stocks than ABTX, I'm sure.>> On my last sell of ABTX I took out all my shares at a 10% loss and poured the money into wildly trading the wild and crazy nets--and frankly,got lucky. But if one does play our strategy to get their money back they need to have the time available to do that and a favorable market situation---so it is really a matter of style and evaluation--Good Luck,Max

To: Jeff Sutton who wrote (7509)	2/14/1999 3:56:00 PM
From: HRAKA	Respond to of 8359

Jeff I have lowered my cost basis from $12.36 to $8.50 in less than 3 weeks. I am about 2 steps from being out of this stock with almost no loss. I have in no way suggested that anyone try to make their money back by daytrading ABTX (that's idiotic). Alexander expressed that he thought he would stay with ABTX and I suggested that he make some money selling calls while the stock trades sideways\downwards. Please do not misrepresent what I say. Hraka