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


To: Gogi who wrote (1345)2/5/1998 11:39:00 AM
From: Doo  Read Replies (1) | Respond to of 7054
 
Gordana: Nice to see you here. See my post 1329 for my comments. They remain unchanged, despite the announcement.



To: Gogi who wrote (1345)2/5/1998 3:32:00 PM
From: Qualopec  Read Replies (2) | Respond to of 7054
 
Okay, I'm no expert. But I thought that, as a basic rule, when a company puts out an earnings report like ACRT's latest, the share price generally goes UP! What the heck is going on here? The only thing I can think of is Mr. Pink's comment that earnings were down from last quarter, but I haven't been able to confirm this information on my own. Even if it's true, it seems most people wouldn't know about it and instead would just see the smokin' earnings report. I'm not so much upset at the stock being down today, as I am at not understanding WHY it's down. This is a stock that has been up and down 25% in the past week.

Would someone with a deep understanding of what's going on here please offer an rational explanation? (Please, no mindless rants!)

Justin