Replies to post #24769 on American Bio Medica Corp (ABMC)

[The Rainbow]

Yes that is promising. Long term I am in agreement with you.

Also, the company going into PCR testing is obviously a good move to be diversified.

New products are on the way:

we signed a distribution agreement to sell the Co-Diagnostics, Inc. Logix™ Smart Covid-19 test. This is our first step in offering our customers a full suite of testing options for Covid-19; we do expect to announce more offerings in the near future.

we do expect to announce more offerings in the near future.

At least it is clear why there has been continued selling the past week. We have to wait out Q1 2021. :-(

[ranger_7]

Agreed! This has always been a long term play and I think it will do well with time. Q3 isn’t bad but it isn’t great either - seems like they are working on some promising contracts so we will see what happens. CODX was certainly a big deal but somehow Melissa forgot to mention that? Wtf is wrong with her? Lol

[Willymon]

ABMC - QB uplist application filed last week could bring new money that could form a new base.


Current position for me is red and not selling until green.


"You never take a loss unless you sell when red"...bla, bla, bla.


I'm holding.