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: Ryan Plovie (Hijacked) who wrote (1385)	2/10/1998 10:59:00 PM
From: John Chew	Read Replies (1) of 7054

It is either shorts pressing or someone throwing in the towel. Note the high volume--almost climax like, the same type of volume when ACRT went to $30. There was a lot of selling, but hey there was a lot of buying. Who could that be? There is much confusion due to shorts spreading rumours, misperceptions etc. Anyway as a long term investor, you have to like this price action. Actrade will have a conference call soon with institutional investors to discuss future growth plans and their new 100% payout TAD. It would be easy to have the stock go to $25 or $30 again, just move stock out of margin accounts, but that is short term. The real issues are credit risk, sales growth and management compensation.

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