American Bio Medica Corp (ABMC)

[The Rainbow]

I would have to think seriously that there was shorting going on from the .70-.80 range with short covering in the mid .20's to .18.

Much of the selling certainly was from some longs that gave up on management and swing traders protecting their principle. But the length and strength of the down trend from July was way to strong, and to high of volume not to be shorting.