Here is my opinon for what its worth. I have been here since early 96 watching the stock, remember when it first made Investors Business Daily - New America, the stock skyrocketed to 17, a new high. The market was in a hot bull market. Then it PLUNGED all the way back down to 8-9, breaking 50 days 200 days. Actrade never pays much attention to the moving averages or the market. It then shot from 8-15-23, back down to 16-25-18-30. I hope you guys catch my point. When Actrade moves, it moves. It has a small float and it trades 250k daily. I think it was to high in the 30's, people are talking about bear markets and actrade is just volatile.
Jeffery White: I think your right, they have spiced up their news releases, I can't say nothing except maybe its for the people like J.C. Trying to catch peoples attention.
J.C. : Your right, no one really covers Actrade, BUT Individual Investor has taken a notion, Investor Business Daily seems to like us. Remember the Wall St. Transcript likes us, Motley Fool likes us, Red Chip Review likes us. Also, Check Insitutional Ownership, up 5% last quarter. Maybe, just maybe somebody will.
Mitch tells me, no one is interested, becuase they won't give them business by doing a secondary offering. I have talked to Mitch twice in the last two weeks, I get through OK. Be thankful he is not just sitting there twitling his thumbs.
I'm not hyping, I'm just telling what I know and trying to give a possible example.
Sorry guys, just my opinon, I like the stock, nothing bad has ever happened, this stock is wild, have to have a stomach, believe me, I have had a few sleepless nights.
Sincerely
Ryan Plovie |
