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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 (4384)3/25/1998 9:38:00 AM
From: Richard Habib  Read Replies (2) | Respond to of 7054
 
Davef, I've followed ACRT for several years now. Just thought I would join in for all the lurkers out there. I rode it up from around $3 to $11 and have been out for quite some time until just recently. It appears to me that while the stock is being heavily sold short, large blocks are also being accumulated in the PM. Yesterday about 40,000 share were bought at about 3:15 at between 12 3/8 and 12.5. Same pattern repeated day before. Rich



To: Goulds who wrote (4384)3/25/1998 9:51:00 AM
From: Richard Habib  Read Replies (1) | Respond to of 7054
 
To be a little more specific re yesterdays price moves, looks like about 45000 shares were sold at the open driving the price down to 12 1/8. Assume that was short selling. With the exception of only a few other trades, all the rest of the trades yesterday except the 40,000 were small. There was an 18000 block trade at about 1200-1215 but couldn't tell if buy or sell. This AM it looks like at least 30,000 shares were bought near the open after only 5000 shares were sold. Rich.