Z, there is only one Pink.
As a mere pretender, I was surprised to see Chew return with a $50,000.00 offer to anyone who can find something verifiably 'bad' about Actrade. As you know, I use metrics that would label it overpriced ie 'bad' without even looking at the background of management. Hence I should be eligible for the 50K. I know the offer is bogus, you know the offer is bogus. Ha, Ha.
My concern would be that someone who didn't have metrics might think that the $50,000 offer was a real endorsement of the company. It is an attempt to manipulate the stock price in an upward direction. Since the SEC and KGB have staked out this thread in this country, and the CIA monitors outside the border, I suggest that they put a tail on John Chew. Unfortunately he no longer hangs out at the 800 number.
Wouldn't you think that a real investor would simply buy $50,000 of ACRT rather than post that silly reward? Given that Chew has higher knowledge of the company, its business, competition, value of TADs, etc. That he should take the $50K and buy ACRT on full margin? That's one of the few times I would recommend margin. The stock is unfairly priced below 'normal' value, such that its low price affords a 'margin of safety'. There's no downside risk Mr. Chew. Step up to the plate. Take your cuts. Give the shorties a bad case of heartburn.
Dan |
