Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Mr. Pink who wrote (3404)	3/16/1998 7:43:00 AM
From: Andrew Q. Viet	Read Replies (1) \| Respond to of 7054

Repost: Top:Business and Finance:Stocks:Services:Business Services:ACRT (Actrade International Ltd) Yes, Indivudual Investor said BUY on 3/12 brewngo Mar 16 1998 1:16AM EST Check out yourself. Registration is free. The web site address is iionline.com Individual Investor said it again: BUY. They have done extensive research on it. They put their reputation on the line for ACRT. Why? Because all rumors turned out to be false. ------------------- ACTRADE INTERNATIONAL INC finances transactions using Trade Acceptance Drafts within the TAD Program. <Picture> <Picture> ACRT Denies Rumors, Announces TAD Program;Buy (3/12) <Picture> Over the last few months, negative rumors have beaten down Actrade (ACRT) shares. We constantly speak with managementregarding these rumors and they've consistently denied all allegations, saying that short sellers just want to discredit the company. Recent rumors about a secondary offering and president and CEO Amos Aharoni selling stock to pay debts are false. The company clearly stated that they don't have any plans for a secondary since ACRT does not need additional capital at this moment. Also, Aharoni did not sell his stock and there has been no insider selling at all. Mr. Pink, the person who started all these rumors on the Internet, has continually posted negative messages about ACRT in order to jeopardize the company and benefit himself and other shorts. The mere fact that he uses an alias casts a pall over his credibility. These rumors have caused many investors to lose confidence in the stock, further contributing to short selling. Mitch Menik, ACRT's Investor Relations Manager, described it as a "bear raid" where short sellers are trying to manipulate the price of the stock by selling a large amount of shares -- a violation of Securities and Exchange Commission rules. ACRT has taken steps to gain back investor confidence. The company issued a press release denying the rumors and confirming the outlook for continued strong financial results. In a further sign of support for the stock, ACRT's board authorized a repurchase of the company's common shares. Since then, the shares have rebounded from recent lows to a recent $14.31. In other news, the company also announced a new 12-month TAD program which allows payments of between seven and 12 monthly installments in connection with the purchase of specific equipment. Originally, the TAD program allowed clients to make installment payments of up to 6 months. ACRT management claims there will be increased demand for the TAD program, as many customers have expressed an interest in a 12-month program. ACRT also said that it secured a special credit protection policy for this program. Management sees continued growth in earnings and revenues due to the TAD program. For the third quarter, ended March 31, earnings are expected to be between $0.14 - $0.16 per share -- a 400% increase over the previous year's quarter and up about 19% more than the previous quarter. Revenues should be between $26 million and $29 million, which is more than 370% greater than last year's quarter and about 19% over the previous quarter. Full year revenues should surge to more than $100 million, enabling earnings to reach between $0.48 and $0.54 per share.

To: Mr. Pink who wrote (3404)	3/16/1998 7:52:00 AM
From: Goulds	Read Replies (1) \| Respond to of 7054

Hey pink, you dig into the personal lives of people and post whatever you can find as negative and damning. All in your malicious effort to make a little money at all costs. You have shorted ACRT, and as you can't find a thing wrong with the company, you slander the management. Easy to do, as you know who they are, and they live successful normal lives, and have taken risks from time to time. Pink, how about if you and don carlson give us your true identities and let us find out all about your backgrounds... I'll bet that would be very enlightening as to the scum and sleeze have been working so hard to short this stock and manipulate it's price. How about it pink? How about it don? By the way, don, you were going to share with us the names of the funds and institutions that have bought ACRT the last 2 weeks... I haven't seen that post yet. Too dry for you? You'd prefer to make up sleeze and slander I guess. Be a serious contributor to this thread once in a while guys. You had so many questions about the 24.9% owned by institutions... check it out and name them. Heck. If we are to believe any of the dirt you guys drag up, a little thing like straightforward, honest information should be no problem.