ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: docsox who wrote (970)	11/28/1997 5:13:00 PM
From: Ryan Plovie (Hijacked)	Read Replies (3) of 7054

Great news guys!!!! Reuters did an interview with Actrade. The CFO says Actrade is in the market to find a financial broker,(something to that effect) someone to help them grow and raise money. Actrade is looking to make acquisitions. Now when they do find someone to do their banking business with, odds are they will also get coverage with them. Also, they are attributing the big rise to the individual investor. I'm not sure about that. I also heard that someone put another buy on them. Anyways, in short, things are right on track. I sold at 29 all my shares. I figure this big spike is a little much, the P/E was at 80, when the price was 30. Like John was saying, historically, actrade trades inbetween a P/E of 60-80. I hope for a small market crash, to bring actrade to around 22-25 to buy back in. Ryan Plovie

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