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American Biofuels Inc C.ABS.H


Primary Symbol: V.ABS.H

Energy Oil & Gas E&P
American Biofuels Inc. is a Canada-based company. The Company was engaged in the acquisition, exploration and development of oil and gas properties including biofuel resources in the United States and Canada. Its wholly owned subsidiary is 1205742 B.C. Ltd. The Company is primarily focusing on pursuing the acquisition of a business of merit.


TSXV:ABS.H - Post by User

American Biofuels Inc
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Comment by vecimatechon Feb 12, 2008 10:24pm
328 Views
Post# 14363043

RE: Spoke to Ron Hughes this evening

RE: Spoke to Ron Hughes this eveningThat mistake that Ron is talking about is the morton well, which I mentioned in my last post. He is 100%  right about the penny flippers concerning todays trading.All of those who got orders filled between 2.5-3 cents sold today for a nice profit, albeit they may have held for quite some time, and I can't blame them for selling, I traded this stock the same way. Good to see that Ron is returning calls to shareholders, maybe he learned from his past mistakes. One thing I have to say is don't get to overzealous regarding how high this stock could go.Alot of people got burned on this stock. This could go up nicely on pure speculation, but once the real #s come out, the market will determine what value they attribute to TAE. I am assuming that most of you got in well under 5 cents, maybe you should put in a stop loss to preserve your profits just in case. Good luck!! 
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Dealroom for high-potential pre-IPO opportunities
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