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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: pipick who wrote (16702)9/25/1999 5:28:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
<Oh and by the way, there is a good reason why the stock may head lower after the next two weeks are over, but it isn't anything you have posted.>

Ok,Pipick we give up. On what day will the pump and dump be complete?

TIA

Sergio



To: pipick who wrote (16702)9/26/1999 12:35:00 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
pipick:

ACRI: Volume for 5 days.
chart.yahoo.com

Agreed there is support on two days at 13.50 and may very well be the cover spot for the short (pun intended) gain. LOL.

I'm sure that you have looked at some profiles of those that you are dealing with here and will find us here to be honest and open about our trading. Obviously you have been with ACRI for some time as you last posted about it in July.
That being said, then you have some information (public, I assume) that you can share with us here. From what I can gather from SEC and other sites, the FA on the stock is horrible at best. I think you have agreed with me on that one. Generally, when a company is in trouble financially they attempt to reduce costs to imporve profit. ACRI on the other hand has moved to larger, more expensive offices, added overhead with more people and increased expenses. Just does not make sense to me.

If the company owned something other than stock in smaller, money losing ventures I could call it a development company. It has no product or service and rev's are generated, so far, only through fees collected at one year intervals from the managed funds. Maybe I'm not understanding the company?

Ken