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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Mr. Pink who wrote (681)12/20/1997 8:20:00 PM
From: FuzzFace  Read Replies (1) of 18998
 
Mr. Pink,

I have no position in ACRT, but did last year (it was a Pristine Small Cap pick in Sept or Oct 1996) but I sold it way too soon.

Is your negativity on ACRT based on fundamentals, say the belief that the TADs are going to become less viable as the quality of ARs deteriorates in an economic downturn? Or that declining interest rates will decrease profits?

Or is it something technical you see? It sure had a nice reversal Friday.

Do you thing it may be going back to the single digits from whence it came?
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