Allstocks.com's Bulletin Board: Art's picks for Tuesday.

This is topic Art's picks for Tuesday. in forum Swing Traders at Allstocks.com's Bulletin Board.

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Posted by Art on :

ART'S PICKS - OVERSOLD STOCKS THAT COULD MOVE UP SOON

May have to hold for more than a week to get benefit. Listed at interest prices (estimated short term support level). Need to watch to determine best buy price. Actual buy price will depend on stock behavior and market conditions at the time of buying. Check news, etc. before buying.

Tuesday's (3-16) picks:

ASPT 14.25

EQTX .98

RADA 9.7

SRNA 19.64

TLGD 15.8

TUTS 5.1

Posted by grjohnso on :

Look at the insider buys for EQTX.
http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=EQTX

This is one of those that you will want to hold LT. Hold for a 100% minimum rise if you want. CMF positive divergence!!! Extrememly bullish. Market is so oversold NDX (*RSI) hit 30. Big turnaround soon!

-Greg

[This message has been edited by grjohnso (edited March 16, 2004).]

Posted by Tom2 on :

EQTX related news .

"KING OF PRUSSIA, Pa., March 15 /PRNewswire-FirstCall/-- iGames Entertainment, Inc. (OTC Bulletin Board: IGME - News) today announced that on March 12, 2004 it terminated the November 3, 2003 stock purchase agreement with Equitex, Inc. As stated in the notice of termination, iGames terminated the stock purchase agreement as the result of material adverse changes in Chex Services' business, including the loss of significant revenues and cash flow due to the termination of contracts at casinos operated by the Seminole Tribe, breaches by Equitex of representations and warranties in the stock purchase agreement, the failure by Equitex and Chex to perform under the stock purchase agreement and the decision by Equitex's management that Equitex could not consummate the transaction as originally structured due to adverse federal tax consequences. In addition, Chex failed to provide iGames with required evidence of its ability to meet financial commitments made by Chex to iGames in a January 2004 promissory note from iGames to Chex, forcing iGames to obtain replacement financing.As a result of this termination, iGames is entitled to receive from Equitex a termination amount of $1,000,000, plus reimbursement of its expenses associated with the transactions contemplated by the stock purchase agreement. iGames intends to seek immediate payment of these amounts." ...

http://biz.yahoo.com/prnews/040315/flm006_1.html