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: Dorothy Simpson who wrote (184)	1/20/1997 4:07:00 PM
From: John Chew	of 7054

Do not be surprised with Acrt trading more two-sided. Big upmove means a probable retrenchment, consolidation. Chart-wise no need to be concerned unless ACRT trades well under $7.00, the prior break-out point. Frankly, I thought ACRT would have the weakest price action until into the fourth quarter, because the big sales numbers will probably come late this year and early next year due to hiring new sales people, developing the marketing, etc. I was surprised by the steady buying once ACRT was over $7.00. ACRT looks like it has found a new level between $8.00 and $10.00. I know this is a wide range, but this is part of the joy of investing in micro-cap stocks. Expect more two sided trade and take advantage of it if you are short-term oriented. If I was long term oriented, I would not worry about a sell-off. What would you expect after a move from $7 to $9.65 in two weeks. Just keep doing your homework on ACRT's business. I still stick with my estimates.

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