ACRT is fine, on course, and is expecting earnings to be at least as good as projected. The fundamentals are at least as good as projected. The company is doing great. The only problem, as the company sees it, as well as a lot of others, is the fear and doubt that has developed due to the slander and lies being spread by the shorts on these bulletin boards.
35% of all American homes are now on the internet.
The net serves the individual investor with a wealth of info, and most use it exclusively for their Due Diligence. Do a search on a stock, and you will end up in a chat room. Aside from the fact that everybody on the net knows of them, and uses them for the "background info" and psychological need to know what others think of their potential investment. For the first time in history, more Americans have more of their net worth invested in the stock market than in their home. Where do they get their info? RIGHT HERE!
How many lurkers are there, guys?
80,000 different people a day use SI, according to Jill the webmistress, most of whom are LURKERS.
If serious value investors allow the likes of Pink and other shorters to dominate the chat rooms, the price will continue to go down.
Where will ACRT stop if this short dominated chatroom trend continues?
Ultimately, a week or so before the next earnings report comes out. The shorts will cover and be gone by the time the truth comes out, via the earnings report.
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