ACCUGRAPH (ACCUF, ACU.A) Message Board

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Microcap & Penny Stocks : ACCUGRAPH (ACCUF, ACU.A)

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To: micromike who wrote (120)	6/27/1997 10:15:00 PM
From: Serge Collins	of 276

Mike, I would not worry about the wild swings in ACU.A over the last few sessions. What it indicates is that the buying interest has dried up in the absence of further news. The impatient investor will unwind their position because they don't want to hang around and this quickly drives the bid price down. The stock closed today at $1.15 bid $1.35 ask. This big spread is the result of a lack of buying interest and not necessarily something negative. In other words it is more technical than fundamental. A good time to accumulate for those with patience and a little nerve.What concerns some investors is that weak technicals sometimes underlies weak fundamentals; however, I don't think that applies here.

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