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Strategies & Market Trends : ACRT going to Zero
ACRT 0.110-7.6%Dec 30 4:00 PM EST

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To: Jean-Philippe Chevalier who wrote (54)2/27/1998 4:36:00 PM
From: NotNeiderhoffer  Read Replies (1) of 320
 
Quite a pity zero is the floor. The saddest thing about this situation is that a mutual fund that holds a pile of my retirement dough showed up as a stockholder on spectrum. I made a call over to them midweek (I used to work there) and assume they blew out the stock. The guy running the fund invests off of relative strength and EPS momentum and had no clue what he owned. I see him quite frequently at roadshows and conferences and he does not care about fundamentals, just stays disciplined with his quant black box. That is probably why some legit people showed up on the institutional holders list. What an injustice that I actually owned a portion of this dung heap. I have more faith in social security than this stock. Has anyone out there actually had a one on one with these jokers and looked them in they eye? Pink was right, this thing does not pass the smell test.

Regards

NotNeiderhoffer
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