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


To: Mr. Pink who wrote (1142)1/13/1998 7:53:00 PM
From: John Chew  Respond to of 7054
 
I'll do my best to post an update report on ACRT after the
end Jan/early Feb earnings release.

Note the huge volume at the highs above $27 to $30 both times.

Note the huge volume the past two days (not including today).

Prices went too high, perhaps now too low? We'll have to wait and

see. I'd guess some consolidation would occur especially before

earnings are announced.

Asia does not have much of an influence on ACRT. export business already has one year contracts locked up. Perhaps next year
if Asia does not improve.

Actrade SA sells Asia to Europe, So. Amer. US market for cash flow tools should improve (I do not know by how much).

Profitability from Actrade SA is bankrolling the fixed costs of Capital, this lessens the risk of further dilution.

As always, this is my opinion. Do your own thinking.

Remember the patent though awarded should not be the basis
for an investment in ACRT. Pray for competition to validate market.

I will be back after the earnings announcement.

Good luck to all.