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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: RICE who wrote (5738)3/20/1999 10:51:00 AM
From: Retired41  Read Replies (2) | Respond to of 9115
 
Rice, opinions on investing -- ESPECIALLY long term -- are never to be based on good feelings. Investing is not a religion, faith should have no part of it. Investing, at least successful investing, is based on a pragmatic dissection of independently verifiable empirical data.

ABFG has no such data. The biggest mistake you have made is basing your decision on conversations with the company. No credible analyst, investor, or professional would ever even think of taking the word of General Motors IR office, let alone ABFG.

The history you can find on this company is not good. Their PR releases are incredibly unbelievable.

Do what you want. But what really gets my goat here is that you must at least be honest that you are being, at best, rather amateurish in the approach you are taking on investing in this company. The neophytes that read this thread need to know that investing in ABFG is against any and all investing principles. They need to know that they are making a bet with odds about as good as buying a lottery ticket.

One last point... do a little DD on ABFG's history and you will be VERY uncomfortable with their plan. It has changed so very often.

ALSO note their newest concept for the company is not unique... Have you heard of AWLD. For my money I would buy AWLD as they at least own the technology.