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Microcap & Penny Stocks : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: Spamboy who wrote (2041)4/21/1999 1:59:00 AM
From: EL KABONG!!!  Read Replies (3) | Respond to of 4128
 
Kowboy,

I can proudly state that I own no shares of ABFG, and never will. I will also tell you that I am not short the stock either (or any stock for that matter). I don't short stocks because of the upside risk potential (a good investing philosophy for most folks to consider while in an overvalued, insane bull market).

However, my prior statement stands. People should never, never under any circumstances, invest money that's needed to meet short term obligations in any stock or risk laden security. Monies intended for short term needs are best kept in relatively safe investment vehicles such as passbook savings, money market funds or other forms of GICs.

KJC