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 (6494)	8/26/1998 8:51:00 AM
From: John Chew	Read Replies (2) \| Respond to of 7054

Short position is 2.1 million--Economic Suicide. You know I would agree with the shorts if ACRT was financing non standard mortgages, cars or mobile homes. Sure, then you have an argument for a 10-15 multiple and 2 to 3 times book value. Unfortunately (or fortunately depending upon your point of view) the shorts just don't get it. I might add, neither do some of the longs. Earnings growth is fine, but what is the investment required to generate such earnings growth? Can it continue. What are the risks to this business. Ask those questions. The negative falsehoods (lies) are past and discounted by the market. Usually, shorts do their homework and uncover real problems. Why can't they do a better job regarding Actrade? I guess it got personal. Judgement was lost. Oh well. What you are seeing is a tug of war over valuation.