Patrick's Rants


ABAT Dumped

Filed under: Money,Stocks — site admin @ 2:49 pm

ABAT was delisted as of 11/30/2011. The price promptly plunged from just under $1.00 to less than $.40 and I closed out the last of my holdings at $.41 for a significant loss and picked up another 100 shares of CMRG for $3.20 looking to get out at $4.20. I will be reevaluating how I manage downside risk to see if I need to make any changes in this part of my portfolio management.

I owned shares of ABAT until 11/30, then I ran for the door. I’m not recommending buying or selling ABAT

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