SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: Z man who wrote (1785)2/26/1998 8:47:00 PM
From: Qualopec  Read Replies (2) | Respond to of 7054
 
Latest word from Individual Investor:

Price dip makes for good entry point; Buyÿ(2/26)
In the last few months, the shares of ACRT have declined more than 60%, closing at $13.25 on February 25. The reason behind the dip: rumors regarding Actrade's president and CEO Amos Aharoni and the company's financial statements.

We spoke with management, and there is nothing incorrect with the firm's accounting procedures. In fact, ACRT's accounting is conservative. On February 25, ACRT issued a press release stating that there have been no recent developments which could be expected to hurt ACRT's operations.

We continue to rate ACRT as a Buy due to its strong fundamentals and impressive earnings growth and dominant market position. Its TAD program is growing on average at more than 200%.

The shares of ACRT represent a buying opportunity at current price levels. The stock trades at a P/E multiple of about 30, compared with the company's historical P/E multiple of 65-70.

(Posted 2/25/98 with ACRT trading at $13.25 per share)



To: Z man who wrote (1785)2/27/1998 9:30:00 AM
From: Mr. Pink  Respond to of 7054
 
Take it from a professional money manager which you are not. No one in their right mind would commit that kind of capital to speculate in an illiquid stock of a company with an intrinsic value (sans fraud) of 3-6 bucks in the hopes that they could capture some imagined short squeeze. You are desperate and grasping at straws if you think some technicality will bail you out.

Mr. Pink has warned time and time again and He has never lied when He has said, Rice-Aharoni, the San Quentin Treat. Rice Aharoni, a favorite of inmates everywhere!!!!!

Has a nice ring to it.

Chief Warden Pink