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Microcap & Penny Stocks : ACRT about to move to new highs -- Ignore unavailable to you. Want to Upgrade?


To: robrt60 who wrote (6587)9/5/1998 1:32:00 PM
From: Z man  Respond to of 7054
 
The MAJOR insider buying is understood at these artificially depressed prices. What has really intrigued me is the buying by the Tel Aviv company. Wow, 7 % of the outstanding shares at $14.

Either a major forfaiting company is looking at this ( ie. Wells Fargo or London Forfaiting ) or these investors saw the DT audited numbers of profits $ 200,000 for one month's operation of ACRT's forfaiting operations. They took this as the sign we have seen for months, that the growth in profits here is enormous.

Big time investors look for exploding profits and both insider and institutional buying to confirm value and upward stock movement. The heavy short position is icing on the cake.

Regards
Zman