RE: RE: RE: NEWS ABM''''Lots of $$ on the side lines....but only for Revenue Or production plays. Oil will be back to 80 bucks by spring. Should see some good #s out of ABM soon.''''
CINDY__You sure are right about all the billions of $$$$$$ on the sidelines.
However, from what I have seen over the decades, when bear markets finally do bottom out and those $$$$$$$ start coming back into the markets, they usually go into the beaten down large caps and blue chip stocks with the juniors having to wait their turn sucking the hind tit long after most of the milk is gone.
And don't count on ABM showing an immediate profit__IF YOU READ the Information Circular__the Pro-Forma statements showed a LOSS as of the end of June had the AMI acquisition been in place for that quarter.
And any potential investor who looks at any of the future earnings/balance sheets will certainly notice that MASSIVE $11 million GOODWILL and the $9 million Demand Loan which was used to acquire the AMI/GOODWILL assets which had a Fair Market Value of only a bit more than $2 million.
CINDY__Here is my prediction__That we will see you repeat this many, many times on this board as the months/years tick by___
''''Should see some good #s out of ABM SOON.''''
There simply are zillions of MUCH better specs out there with TONS more potential than ABM__and you would be able to see them too IF you took off your very dark tinted rose coloured glasses!