ACTM: ACT Manufacturing, Inc. Message Board

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Technology Stocks : ACTM: ACT Manufacturing, Inc.

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To: Henrik who wrote (4)	4/15/2002 12:23:06 PM
From: James1000	of 5

Tech turned sour which killed ACTM. I was short-selling tech stocks, and using ACTM as a hedge because if tech orders returned as they were alleged to do a 1999 style tech bull market would have ACTM pay down its debt and ACTM would be at over $50 per share. That said, I made a gigantic profit off of ACTM because I bought it somewhere in the $9 to $12 area, and it did go up to $27, but then went down to $16 where I sold it. As long as people put a stop loss on their holding they should have gained a very massive amount of money. I figured there would be a short-squeeze, and there was indeed a huge short squeeze.

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