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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: Mr. Pink who wrote ()3/3/1998 8:21:00 PM
From: Bill Wexler  Read Replies (1) of 320
 
Excellent call. Thank you for bringing this to my attention.

I was particularly amused how people jumped on your case with all sorts of threats immediately after you started the thread. I get that all the time too and consider it a wonderful contrarian indicator.

I shorted the stock a few days after you started this thread. I have always found companies with corrupt management to be excellent shorts (I have also shorted AVNT since it was trading in the mid 30s, Gerald Hsu, the CEO is facing criminal trial for theft of trade secrets.)

Unfortunately, I only shorted a relatively small position and put it on the back burner because I had other fish to fry. Now I am thinking of dramatically increasing that position.

What's your outlook?
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