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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: Jonathan Cleveland who wrote (328)2/13/1997 10:56:00 AM
From: Doo   of 7054
 
Jonathan, I read the action so far as pure retail buying. Market makers taking inventory in 5000 blocks repeatedly, and chopping them up into manageable pieces at the ask. When they run out, there's another chunk at the bid and it repeats until used up. Then up goes the ask and the same thing repeats. (Of course, as I'm writing this the thing is probably tanking). I don't think I've seen but a few sellers, and they were small, all morning.

Any confirmation on the RS rumors? What are these news letters showing for price targets?

Thanks.
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