ACCUF wakes up ? Message Board

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Microcap & Penny Stocks : ACCUF wakes up ?

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To: ANDY LEUNG who wrote (27)	12/24/1996 12:46:00 PM
From: david james	of 34

Most of us have losses on this stock and will be tempted to sell for the tax loss. However, since one can't buy it back for 30 days, one has to decide what is going to happen in the next 30 days. Personally, after what happened this month, I think there are a number of people waiting in the wings to pick this up after the 1st, when the tax loss selling pressure is over. I am betting the new CEO can turn things around - and has done a lot already, which encouraged those high volume days earlier. Anyway, I am betting we can clear 1.0 by mid January, and if we get some decent earnings, the stock would easily clear 2.0 by mid 1997. I also wouldn't be surprised if the losses we saw last quarter were largely due to the new CEO wanting a lot dead wood cleared before taking over his duties. Merry Christmas David

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