ABMC - Amer Bio Medica

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American Bio Medica Corporation is a biotechnology company that develops, manufactures and markets accurate, cost-effective immunoassay test kits, including some of the world's most effective point-of-collection tests for drugs of abuse.



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American Bio Medica Corporation is a biotechnology company that develops, manufactures and markets accurate, cost-effective immunoassay test kits, including some of the world's most effective point-of-collection tests for drugs of abuse.

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ABMC Stock

As of 11/29/2022 there were 48,098,476 shares of ABMC stock outstanding.

As of 7/29/2022 short interest was 5,215 shares, which represents 1 day to cover.

Symbol change from ABMCE to ABMC on 5/14/2004.

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Crescendo | Posted on Mar 11, 2022 at 11:37 pm | Bear

Looking at the company website and press releases for that past year, I do not see any information about how the company is going to cut losses and maybe even earn a profit. How long can they go on before going bankrupt? The investor relations page is completely useless, and does not even provide one reason to invest in this company.

Otiswick66 | Posted on Mar 11, 2022 at 11:38 pm | Bear

Fortress is not profitable and unable to scale it's way to profitability because the cost of revenue is more than the revenue generated. A $50+ million market cap cannot be supported even if they manage to balance revenue with expenses. And to top it off, they recently added $25 million in convertible debt. This will result in massive dilution.