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: DAVID C. DeANGELIS who wrote (6384)	8/14/1998 2:32:00 AM
From: Doug R	Read Replies (2) of 7054

David, Y'know, I once bought a stock in that situation at just under $9; symbol GTAX. There wasn't even as significant a short position on it as there is on ACRT. GTAX went to an intraday high of 24 7/8 in just over 3 mos. I didn't hold to the top but it was a nice trade. You should have seen the warrants on that one. ACRT doesn't have warrants though. Pity. There are rare occasions when the SEC imposes a rule on a stock (usually a small-cap) that prevents new short positions from being established in an effort to re-establish a level playing field. I referenced the rule # on the GTAX thread. It's known as SEC Rule UPC-71. I'll ask around and find out if this rule has been imposed on ACRT. Now I suppose pink can howl about how the SEC is a bunch of crims but somehow I don't think that will do much good. Welcome to reality pink et al. Doug R

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