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Biotech / Medical : ACMI - Accumed Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Cisco who wrote (490)11/10/1997 3:10:00 PM
From: aatkinson  Respond to of 1894
 
Thanks for the clarification and education; I can now see how the volume can be artificially inflated. I read the Forbes article with interest, but i still don't see how all of this can negatively affect a good company in the long term ---. I do understand haow the shorts can manipulate things in the short term to their advantage, but I'm not a day trader - I bought ACMI for the long term.

Let's say for argument sake that ACMI starts making money. Let's say 20 cents next year and analyst projections of 30-40 % additional increase over the following three years. All of this has nothing to do with the market makers, the brokers, or the short sellers. -- what do you think will happen.

I think that the stock will be selling between 5 and 10 dollars, I will have tripled or quadrupled my money and I could care less about the churning of the MMs. If the stock price is kept artificially low in the short term, by the way, a healthy company might just start buying up some of those low-priced shares.

Good luck to all the longs, our fortunes wil rise or fall on the merits of Accumed products and management -- not the MMs