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


To: NotNeiderhoffer who wrote (1421)4/9/1998 11:48:00 AM
From: Mr. Pink  Read Replies (5) | Respond to of 18998
 
To all: Mr. Pink is going to India to help the poor for 2 weeks. See you all at the end of the month.

Mr. Pink



To: NotNeiderhoffer who wrote (1421)4/9/1998 3:04:00 PM
From: Tothepoint  Read Replies (1) | Respond to of 18998
 
I'm glad you asked. I am not a billionaire philanthropist like Mr. Pink, but I still have my opinions.
I love ABAX. It's a secret though. It's been losing money just about as long as ACRT has been making money (and that's a long time).
I've learned thru top secret sources (ah, I spoke to the CEO), that the company sells virtually everything they can make. They only have five salesmen (I think that's one more than ACRT used to have)because they didn't need anymore because they couldn't make any more disks anyway. Well, in two months that will all change. There is a new automated disk machine coming on line that will cut cost in half with the possibility of 10X the production. In addition they screwed themselves in a private financing deal that encouraged the dealmaker to short the stock. How many 2 buck stocks do you know with a 600K short interest? Incentive to short ends in July though. But, this is all a secret because I don't want it to take off until after ACRT can give two more quarters of earnings. I need the money to double my current position in ABAX. By the way, some jerk discovered my stock and has been posting it around on YAHOO. Jerk drove it up 20% the last two days.
Oh, and I like MIKT too. New CEO was hand chosen by a very weathy group out of San Fran. They already have accumulated more than 30% of the company but have avoided SEC paperwork by putting it in individuals names. Sneaky this group. Kind of like Mr. Pink. Anyway , all this is a secret so don't go spreading it around until after ACRT reports at least two more quarters.
Oh, and I like AAIR. But I don't know any secrets there.