SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ACRT about to move to new highs
ACRT 0.110-7.6%Dec 30 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Carl Yee who wrote (207)1/26/1997 8:56:00 AM
From: Jonathan Cleveland   of 7054
 
(I disagree)You expect that there would be profit taking , I don't think that I would agree with you on that point, based on the fact that Actrade is tradeing well below its growth rate. Which is 150% quater over quarter interms of tad revenues. Eps are growing at a 75%
annualised growth rate. Their p.e is under that and will knock
about down another 5 points when the earnings come out.Management
own 40% of the company. The individuals that were in the private
placement can not touch there shares for 2 years.Value line asset A
has a stake in the company and so do a lot of micro cap fund managers.
Remember Investors Business Daliy Gives ACTRADE A EPS rank of 99
and RS rank of 99 that is rare there are less than 20 companies in
the whole paper that have that high of a ranking, and people
notice that. Actrade was also profiled in the new america coloum
and that increases the stock strength.I have a target of 20.00/share
but I think that any individual who has a stake in Actrade would
be crazy to sell and if there is any profit taking which i doubt, to take advantage of it. Actrade dosen't have any competition but
there is risk but the risk comes in the form of expansion interms
of personnel and costs over taking profits.


Excuse my sp
I am in a rush.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext