ACRT going to Zero Message Board

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Strategies & Market Trends : ACRT going to Zero

ACRT 0.110

-7.6%

4:00 PM EST

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To: Doug R who wrote (312)	5/22/1999 4:19:00 PM
From: RockyBalboa	Read Replies (1) of 320

It looks like it takes its time to unfold; but the direction is ok. That funny thing is - despite the "record" earnings etc, each quarter, the stock tends to deflate. On Feb 3 1998 it traded between 17 and $20, it closed over 18 and the other day it traded at 19. Meanwhile, it trades under $14, despite the strong market and allegedly ever-improving earnings. Some short positions take their time. Zonagen took several months until the FDA rejected vasomin and the stock eventually traded beyond $10.

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