American Bio Medica Corp (ABMC)

[JJ24]

It’s almost like she is unhappy That the company will smash last years sales! I emailed her and told her isn’t she happy the stock is at the price it is? Aren’t you happy for your employees that their shares in the company are worth more? So stop being a Debbie Downer ! Start being a positive force for the company and your shareholders !
Below was her response :

“ABMC would like nothing more than our stock price to appreciate but on fundamentals only. We will not make statements that are not based in fact. We reported on June 26th that we have recorded$1M in sales; that is very positive considering our total revenues in all of 2019.



Surges negatively impact the demand for antibodies tests as during surges focus is put back on PCR based tests. Please also remember that these are medical devices. People do not just call and place an order immediately without doing their own due diligence and often validation testing. The sales cycles can therefore be longer than (for instance) a tongue depressor. Regardless of what is being “rumored” to be true, investor should only rely on information that comes directly from the company.”