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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: Z man who wrote (5724)5/31/1998 9:49:00 AM
From: Doug R  Read Replies (3) of 7054
 
Z,

I remember how JC was not in pink's camp. He also seemed quite unbalanced, yes. Probably to make it look like you had to be crazy to buy ACRT. Elgindy is known to have psych problems too isn't he? The bear raid is crumbling. Growth of short interest is losing momentum fast. Avg. daily vol. is down, increasing the days to cover. With all the great stocks to short out there in the last few weeks, ACRT has been a lousy performer for shorting in that time. Shorts have been losing money in ACRT for nearly 3 months. There's a solid base on base formation in the chart and a new wave of technical buy signals is building strongly. Considering how hard ACRT's stock was attacked, it's becoming more obvious that the shorts' effort is a failure.

Doug R
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