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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: John Chew who wrote (963)11/21/1997 1:35:00 PM
From: Ryan Plovie (Hijacked)  Read Replies (1) | Respond to of 7054
 
So why do we have analysts? I tend to disagree, If actrade gets analyst coverage, more people will follow the stock, more people that follow the stock, more volatility, up and down. Analysts also provide and in depth look at the company. They can also give you an idea of what to expect from the company. Analysts are not always right, but analysts are not always wrong.



To: John Chew who wrote (963)11/26/1997 9:32:00 PM
From: Mickey Szilagyi  Read Replies (1) | Respond to of 7054
 
I agree with you John. ACRT's price can only rise as fast as the company can produce solid and consistant results. The higher the PE the more volatile it will get.
Someone has begun coverage on ACRT as the following site indicates. They have started with a strong buy. Does anyone know who they are and what detailed numbers they are predicting? They have 1998 at $.55 and 1999 at $.85. I wonder if today's big jump is a result of this new coverage?
quote.yahoo.com
MJS