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: limit who wrote (2297)	3/5/1998 7:28:00 PM
From: Doo	Read Replies (2) of 7054

Patrick: For great shorts on CANSLIM stocks when the "M" turns, try this: Scan IBD for all RS 99 and Accu/Dist Rank of "A". Check weekly and when the RS goes to 98 and A/D is B, buy in the money puts at least three months out with the highest intrinsic value you can find. Close the position if the underlying stock move 10% against the price at entry of your position, or if the A/D moves back to "A", or the RS returns to 99. It's a beaut! Short the Leaders with In the Money Puts. ACRT fit this to a tee at 22, but, alas, no Puts.

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