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


To: Jonathan Cleveland who wrote (6702)9/23/1998 11:22:00 PM
From: Z man  Respond to of 7054
 
JC...that's why I think there's a buyout coming, John Chew is a nice guy but I don't think he is orchestrating this. The accumulation started the last time the stock was at these levels. By dropping the price to the 11-12 range it just made it cheaper for the acquirer.

If what I suspect is any where near true, we should see a minor drop to a higher low than before, than a bust through the 16 level. That's why I asked Stan, where the next resistence point is. What I see is very minor resistence at 19 and the next point being 22.

Regards
Zman



To: Jonathan Cleveland who wrote (6702)9/23/1998 11:47:00 PM
From: Z man  Read Replies (1) | Respond to of 7054
 
Pink bought 100,000 shares last week. Now what does that say to you. Maybe he believes that a buyout is coming also...just some more food for thought.

Regards
Zman