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


To: Goulds who wrote (2287)3/5/1998 2:04:00 PM
From: Joe Hoek  Respond to of 7054
 
<<By the way, how do you know what pinks position was?>>

I don't. All I know is when he said he started to short the stock, one of his first posts back in December. I don't know how many shares, 100 or 100K. I don't believe (blindly) anyone on these threads, even if they have a good track record. You don't know who I am and visa versa. If Mr. Pink really shorted more yesterday at 11, well I don't think that is very wise, not much more of a downside left, probably 8, max 5, but the upside could be much higher than 14 - 17. I have not followed Mr. Pink, but I must admit that many of the points he has brought up about ACRT have been interesting, and some of them have been on the money. If he was just blowing pure hot air, I don't think the stock would be in as bad shape as it is. He got people questioning the company and their positions in the stock. Has he lied? Not on the major issues. Has he exaggerated? Yes. I am not defending Him, and certainly not his antics, but if it were not for him I would have bought back in around 16 after my 20 stop kicked in, and this was before he really started letting it fly. Was it a self fulfilling prophecy? Maybe, maybe not. I am not the one to judge.

Joe Hoek.