Repost, Yahoo: Questions and Answers From Individual Investor's Yahoo Chat
on March 25th
Q: Some analysts have lowered acrt to a "sell". If the rumours surrounding the
price drop are false, what is the reason for this rating?
Individual Investor: The firm, QS Securities, had a SELL rating on the company
because the term (delkil note: I think they meant to say "firm") was short
actually. But there was no reason, there was
not even any research on the company behind it. They were trying to push the
price of the stock down."
Question: Do you think ACRT is down because of the shorts and the negative talk
on the internet?
Individual Investor (EF): Yes, that's the basic reason why the stock went down.
We speak with management on a weekly basis, and we're trying to read their
financial statements. There's nothing
wrong with the company, and the price went down mainly because of the rumors
on the Internet, on Silicon Investor.
Individual Investor (TB): ACRT is caught in a classic bear trap. The short sellers
are spreading rumors across the internet with no supporting evidence whatsoever.
Once these rumors are
dispelled for good, and the stock starts trading on the fundamentals, the bears will
have to cover their short positions, driving the stock higher.
Q: Do you expect ACRT to meet or exceed the .50 EPS for the year?
Individual Investor: Yes, we expect the company to meet their estimate of 50-cent
EPS for the year, with revenues of more than $100 million." We expect the next
quarter to be strong, with earnings of
about 14 cents per share, and revenues of more than 25 million, which is triple
from last year."
Q: Given his history, can ACRT's C.E.O. be believed?
Individual Investor: "We have met with ACRT's CEO many times over the past
four months, and he has been very straightforward about his past, and that any
liability he incurs has nothing to do with
the financial status of ACRT"
ACRT: Quote | Profile | Research
This Is a Reply to: Msg 4976 by delkil
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