This is topic ABMC ... bought at $1.53 in forum Swing Traders at Allstocks.com's Bulletin Board.


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Posted by Mehul_Sangani on :
 
1000 shares, I think all sellers are gone now. Volume is average today. Lets hope I'm right.

Any thoughts?
 


Posted by grjohnso on :
 
Good pick!

This one looks rewarding!

-Greg


 


Posted by leftybdm on :
 
I also bought this, at $1.50.
 
Posted by buzz357 on :
 
Got lucky and squeezed in at 1.45 today thanks for pick art up to 1.56 in ah
 
Posted by buzz357 on :
 
Got lucky and squeezed in at 1.45 today thanks for pick art up to 1.56 in ah
 
Posted by Mehul_Sangani on :
 
I was watching this at $1.45 it was around mid-day. Wanted to jump in only after watching the volume.

If we see high volume tomorrow on upside, this could easily goto $2 in a week.

Have my stop loss set at $1.30, 200 day MA
 


Posted by Chicoman on :
 
Hmmmm not sure on this one stock dropped below it's 50 Day EMA. I'd like to watch this the next few days before entering this one. It dipped below it's support level of $1.40 yesterday that was the time to hop into this one. I think it could go either way but it's definately one to watch.

G'luck

 


Posted by Mehul_Sangani on :
 
It did close above its 50 day MA of $1.53 what I'm hoping is it bounces tomorrow on a good volume.

quote:
Originally posted by Chicoman:
Hmmmm not sure on this one stock dropped below it's 50 Day EMA. I'd like to watch this the next few days before entering this one. It dipped below it's support level of $1.40 yesterday that was the time to hop into this one. I think it could go either way but it's definately one to watch.

G'luck



 


Posted by pizzaboy on :
 
Got in at 1.53 today. I like this one...so hard to find a stock that has such a low RSI.
 
Posted by dirtydan on :
 
I got into this today @1.50.. stop @1.25.. good luck to us all... dan
 
Posted by Mehul_Sangani on :
 
Looks like it will trade sideways for few days. As long as its above $1.31 which is now the 200 day EMA, we are fine.

One of these days it will pop.
 


Posted by dirtydan on :
 
just checked ABMC message board at YAHOO.. seems to be an inordinate number of foaming-at-the-mouth bashers.. Usually a good buy signal...I ain't running...
 
Posted by Day Trader on :
 
I LOVE THIS STOCK.

STILL THINK ITS TOO UNDERVALUE.

REVENUE IS 150%.

THIS STOCK GOT A GOOD P.E.

I HAVEN'T SEEN A PE STOCK WHICH IS UNDER 2 BUCKS.

SWING TRADING WITH THIS ONE MAKE ME FEEL SAFE AND COMFORTABLE WITH WHERE MY MONEY IS GOING.

------------------
Mike

~~these are just my advices and suggestions. In no way am I'm held responsible for your trade loss.
As always, do your own DD.~~
 


Posted by Day Trader on :
 
in 1.48
 
Posted by BRC167 on :
 
Is this still a good buy at $1.44 ??? Thanks
 
Posted by Mehul_Sangani on :
 
I personally still think its a good buy, b/c if you notice the sell off for last 3 days, its on very low volume.
 
Posted by DENSKIJR on :
 
Still on the sidelines with this one will watch the next couple days to see what happens.
 
Posted by gopack on :
 
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
 
Posted by gopack on :
 
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
 
Posted by gopack on :
 
In @ 1.47 late last week based on T/A. Any opinion on what the change over in the Board of Directors might mean to the share price?
 
Posted by leftybdm on :
 
^^

weeee.. triple-post

I currently own this stock... I'm fairly new to trading, and I don't know all about chart patterns, but isn't this a head-and-shoulders pattern, which is generally a bad thing?
 


Posted by Jeremy on :
 
It isn't the most solid head and shoulders pattern, but it is for the most part. It looks like it's sitting right at about the neckline or decision point. If you draw a trendline for the past 6 months during it's uptrend, you will also see that it just broke below this line as well as the 21-day moving average.

To me, this looks more risky than the potential rewards. Yes, it may still bounce up a few times for some gains, but I think the long-term outlook for this stock has turned around, so I would be weary of entering at this time.
 


Posted by Day Trader on :
 
YOU GUYS STILL IN THIS STOCKS?

LET ME KNOW IF SOMEONE START SELLING IT K?

 


Posted by grjohnso on :
 
Great time to buy now!

-Greg
 


Posted by Mehul_Sangani on :
 
My decision will depend on tomorrow's employment # and how the market reacts. Planning to sell most of my positions and moving to pharmacy stocks if NAS goes red.

[This message has been edited by Mehul_Sangani (edited February 05, 2004).]
 


Posted by Mehul_Sangani on :
 
Bringing this thread up.

Today's AH, stock is up 20% at $1.55 on the earnings annoucement.

Right now looks like only hope is good earnings, and following day they will have guidance for 2004.

Again my entry price was $1.53 still holding this. Keeping my fingers crossed.
 


Posted by Day Trader on :
 
LOL..I WAS ABOUT TO SAY "WTF YOU TALKING ABOUT".

JUST CHECK IT AND AFTER HOUR IT WENT UP TO 1.55 .

LOL...
YES...
BEEN TRIED UP IN THIS ONE..DOWN SO MUCH..

HOPEFULLY IT WILL GO UP SOON

quote:
Originally posted by Mehul_Sangani:
Bringing this thread up.

Today's AH, stock is up 20% at $1.55 on the earnings annoucement.

Right now looks like only hope is good earnings, and following day they will have guidance for 2004.

Again my entry price was $1.53 still holding this. Keeping my fingers crossed.


------------------
Mike

~~these are just my advices and suggestions. In no way am I'm held responsible for your trade loss.
As always, do your own DD.~~
 




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