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


To: Jim H who wrote (1144)3/8/1998 7:21:00 PM
From: Goulds  Respond to of 18998
 
Jim, I am an independent investor with no ties whatsoever with ACRT except for the stock I own. I am challenging pink's nonsense for 2 reasons.

1. I am a serious, fulltime investor. It is my livelihood. In ACRT I found a company I like a lot, short and long term. pink chose to degrade, belittle, and tell lies about the company and it's management for the sole reason of driving down the price because he had shorted it.
ACRT, with it's small float and overvalued position it had reached, was a prime target. I have no problem with people shorting companies I may own. I do have a problem with stock manipulation. It is illegal, but, I'm not the SEC. I'm a value investor who has chosen to fight back for one of his investments.

2. As I have said many times, I believe the internet is a prime source of Due diligence for your average investor today. 35% of American homes are now online. More Americans than ever before are investing in the market. I am familiar with the staggeringly fast growth of the sales market on the internet. On SI alone, apprx. 80,000 people a day use it to inform themselves about stocks. Most are lurkers. They never say a word. They just look. When they look up what they think is a good legitimate company, and see the garbage pink is writing about it, I believe they get scared off. I believe pink knows that as well, and has used this forum to influence potential buyers.




To: Jim H who wrote (1144)3/8/1998 11:00:00 PM
From: Mr. Pink  Respond to of 18998
 
Davef is a compulsive liar who is employed by ACRT to combat Mr. Pink's revelations about the company. Davef this weekend alone has lied about an imagined 1000000 share repurchase and secondly lied by insisting that remarks made by a fictitious Mr. Pink on the Yahoo thread were genuine.

It has come to Mr. Pink's attention from an operative in the field that it is actually Davef Bruss who impersonated Mr. Pink with a similar name to attempt to discredit Him.

Pink loyalists and friends are not fooled.

Now if Mr. Bruss has anything to say about ACRT, please do so on one of the two threads reserved for ACRT or for your famous tips for the lavatory, please use Bruss' own thread

Message 3632918

Otherwise Mr. Pink has much value to add and to share with His friends on this thread.

Davef, please go away unless you have something to say regarding event driven investing discussed on this thread.

Cordially, Mr. Pink



To: Jim H who wrote (1144)3/8/1998 11:05:00 PM
From: Mr. Pink  Read Replies (1) | Respond to of 18998
 
To all a new Pink Pick:

Mr. Pink has accumulated a stake in Midas, MDS, a recent spin-off from Whitman. At 6X cash flow and extensive real estate values unrealized and the possibility of lower overhead in the coming year, this is an excellent risk reward with little downside and about 50% upside in the coming year.

Mr. Pink