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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: stan s. who wrote (2685)3/8/1998 5:03:00 PM
From: Mr. Pink  Read Replies (1) of 7054
 
Sorry, didn't mean to ruffle your feathers, but Mr. Pink hates to pay taxes and could stay short ACRT for many years without realizing a gain.

Better to be short, from that perspective all the way from the mid-20s down to a few pennies.

Mr. Pink is a logical fellow. Why is a company a buy/sell when it crosses its 10 day moving average? Other than the fact that many amateur investors use this method, Mr. Pink can see no reason why it should matter.

Warren Buffet probably does not use charts as means to pick stocks. Indeed the entire field of techinical analysis (actually a misnomer) has been widely discredited as a means to pick stocks.

Best of luck to you. If if works for you, far be it from Mr. Pink to disuade you. For Mr. Pink and His financial empire, He will stick to His knitting and study the underlying value of the businesses He invests in.

Mr. Pink
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