ABMC (American Bio Medica) Up 58% today

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Microcap & Penny Stocks
ABMC (American Bio Medica) Up 58% today

An SI Board Since May 1996

Posts	SubjectMarks	Bans
43	0	0

Emcee: tao sun	Type: Unmoderated

Introduction Compact

ABMC moved up to 3.9 from 2.5 today, a 58% runup. Does anybody know the reason for it?

Here is what I found about this company,

American Bio Medica Corporation has created a revolutionary product in the
field of drug testing called The Rapid Drug Screen Kit. It is a simple to use,
quick and accurate test that is a single step process producing easy to interpret
results in minutes! A true innovation in a field that previously required time
consuming, costly and cumbersome testing apparatus.

The Rapid Drug Screen Kit can be used by an unskilled person who can take a
urine collection cup and insert the Rapid Drug Screen testing card into the
specimen. Within three to five minutes, they can read the results of the sample
for the identification of the five specific drugs mandated by the National
Institute of Drug Abuse (NIDA) to be tested for in the workplace. American Bio
Medica NOW has the premier drug screening kit available at the lowest price
for introduction into the U.S.

For more detailed info, check out

otcfn.com

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Reply	Message Preview	From	Recs	Posted
43	I just read aboutthis company in Opportunist Magazine. Sounds interesting. I	Jason	-	4/16/1997
42	SGA reiterated their very strong buy for ABMC. It should only be a matter of t	Jim Kennedy	-	9/9/1996
41	To all: ANCRAMDALE, N.Y., Sept. 9 /PRNewswire/ -- American Bio Medica Corporat	Bob A Louie	-	9/9/1996
40	I have been following this stock for a while too. And I do not think it will go	Yuri Aminov	-	9/3/1996
39	David, IMHO, AMBC has moved ahead of its realy value at current price. Think	tao sun	-	8/3/1996
38	There have been several good news releases about this stock lately, on Yahoo.	David Martin	-	8/2/1996
37	ABMC has received another order on its rapid testing kit today. ANCRAMDALE, NY	tao sun	-	7/26/1996
36	ANCRAMDALE, NY, JULY 22,1996-AMERICAN BIOMEDICAL CORP. announced today that it	MARK TAGLIENTI	-	7/22/1996
35	David, I am sorry, the post I referred to should be #25 instead of #23. AMBC	tao sun	-	7/22/1996
34	Thanks Tao, but am having difficulty finding the answers. Ill try and get hold	David Cope	-	7/22/1996
33	David, $40 target was from SGA, which I think is very unrealistic. But I do t	tao sun	-	7/20/1996
32	Anyone have any hard figures for estimated revenues, margins, number of shares	David Cope	-	7/20/1996
31	SGA started the $40 talk. They are very bullish and reported today that ABMC s	Jim Kennedy	-	7/19/1996
30	What $40 stock. Has somebody promised something I missed. There's more an	David Martin	-	7/18/1996
29	Don't want this thread to die, so I will keep talk to myself until the real	tao sun	-	7/18/1996
28	Jim, The average daily trading volume is 23.8 K, so 69 K is pretty high alrea	tao sun	-	7/17/1996
27	tao sun, Thanks for the help. Will wait and watch. Thanks again, rich	richard j. alt	-	7/16/1996
26	Was volume only 69K shares today? I don't always trust my free quote servi	Jim Kennedy	-	7/16/1996
25	Rich, I would like to think that the stock may see below $4 before running up.	tao sun	-	7/16/1996
24	tao sun, Do you think it will get below $4 again? rich	richard j. alt	-	7/16/1996
23	Thank you Jim and Linda for the news release. Apparently the markeing dd from	tao sun	-	7/16/1996
22	Tao: ABMC announced today that it has received its first order from Bally's	Linda Brandt	-	7/16/1996
21	SGA paraphrases part of the Bally's release, so I'll paraphrase it. &q	Jim Kennedy	-	7/16/1996
20	Linda, ABMC had a news release today about its first order from Bally's T	tao sun	-	7/15/1996
19	The stock took hit with the whole market, and should correct more if the trend	tao sun	-	7/15/1996

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