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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: jim_p who wrote (12393)	2/11/2002 4:41:13 PM
From: Gator II	Read Replies (1) \| Respond to of 23153

Out of curiosity (I'm just a bystander), I checked Schwab's after hours for a quote on ACRT. Here's a cut and paste at approximately 4:40 pm: symbol---last--chg-day/cls-bid--ask--time ACRT.E 15.11 +1.36 13.75 14.91 15.99 16:40:03

To: jim_p who wrote (12393)	2/11/2002 4:45:11 PM
From: Rex Martin	Respond to of 23153

I tried to short ACRT at $15.20 but never got filled. You could have traded this one for 30-60 cents up and down all day. It settled down between $14-$15. And is now over $15 in after hours. It seemed too risky to me after it settled down. The bid and ask were all over the place and the spread was pretyy large, between 10-30 cents.

To: jim_p who wrote (12393)	2/11/2002 5:39:37 PM
From: Steeliejim	Respond to of 23153

Turns out I was right about the ACRT short covering, just lousy in my timing. It just happened AH. As I mentioned before, I'm a poster child for holding my winning trades too short and my losers too long. I had bought 4k shares more on the way down into the 13's from my first buy at over 15, and I had not sold when I posted re. the hit I was taking. I've had a pretty good 2 weeks so I thought I'd see what would happen after hours, because ACRT looked like a real spring back candidate ST no matter how s-----y a co. it may be. Plus I'm stubborn, which gets me into trouble at times. ACRT started climbing almost immediately after close. I started selling when I saw the AH pop into the 15.30's. Turns out a lot of people must have been covering. Turned a > than 5k loss at close between two accounts into a -$142. loss in my IRA and a +$4410. gain in my brokerage acct. Just kept selling batches at the bid, and my 7900 shares were swallowed with hardly a burp--and barely dropping the price. Another confirming data point for "I'd rather be lucky than good." And I get to sleep tonight. Jim