Wednesday, June 17, 2020 9:44:41 AM
I always look for value before asking "How Much".
ABMC has new sales vertical for Covid-19, 11 patents, GSA Contract, 30-yrs in the testing sector, global reseller network, etc.
Solid DD (Due Diligence) in the information box at the top of the board as well as "Sticky Notes". Read them and click any source links provided to see if they are valid:
https://investorshub.advfn.com/American-Bio-Medica-Corp-ABMC-25538/
If you don't see it, then select the "Show Intro" at the upper right.
There's still a huge opportunity to get in ABMC because they have yet to release several announcements. They will most likely do this when their accounting firm completes the filings that have a minor delay.
ABMC went from Pink Current to Stop due to pandemic impact on NYC accountants.
ABMC is going back to Pink Current soon, and until then this provides more buying opportunity, because there are thousands of traders that have accounts with brokers that DON'T allow buying OTC shares unless it is "Pink Current".
They want to buy, but can't. I tell them to get eTrade at a minimum.
For all others, you can get in now.
Where will the price go?
ABMC has a very low float for an OTC stock - about 21MM.
Most other OTC stocks have a float of +150MM which means large quantities of shares need to be bought to move the price.
That's why you may see several comments on ABMC stating that since shares are in such limited supply and the demand is increasing for COVID-19 testing, the price per share will go into dollars.
Filings are coming, PR is coming, Testing is in high demand, ABMC is a real company with strong history, and the market is still unaware of this stock.
That's the perfect combination for a good buy.
" faber est suae quisque fortunae " The above is for informational purposes only, responsibility for all trading decisions lies solely with the reader.
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