InvestorsHub Logo
Followers 26
Posts 2151
Boards Moderated 0
Alias Born 03/30/2004

Re: firefight4 post# 4824

Tuesday, 03/30/2004 6:11:51 PM

Tuesday, March 30, 2004 6:11:51 PM

Post# of 15402
Firefight, Hello, I just joined as I've been reading here for awhile & your ACST post just drew me in. Reason for the price decline is in the DTC reports. They show a seller with 1.5 million shares that are all gone accept for 60K shares left this Monday. Over 700,000 sold just last week. One could surmise Research pounded the bid & is out of shares now. The shell was recently purchased & now holds a legitimate business with a plan, revenues, assets, patents pending & no debt. Form 14c was filed for the name & symbol change as well. Me, I'm looking for the bounce & lets see if the new management steps up to the plate. Lots of room up there with only 3.5 million in the float.
As for the past history, of the past shell with the past management, that one might hear about, thats the past!! I took a position & hope to make money with the new company.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.