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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Goulds who wrote (1087)3/6/1998 9:11:00 PM
From: Goulds  Read Replies (1) | Respond to of 18998
 
Rumor has it pink closed out meager short position in ACRT today and bought a camel.
Here's another opinion concerning the ACRT 8K filed after close today:

MeasuredMadiness

It is our opinion that the purchase of 1000000 shares will eliminate the short interest hold on the stock price. This is very negative news for the shorting interest. They will need to cover early next week or lose what gains they have made.
This news is proof that ACRT is run be responsible individuals.
Management is taking a positive step to correct the unjustified sell-off of ACRT stock.