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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: Murrey Walker who wrote (5647)11/8/1998 3:05:00 PM
From: hoffy  Respond to of 7247
 
2 stocks to trade this week. GGEN and IATV.
GGEN is close to signing a deal with GNCI. GNCI will sell their line of products (nutritional supplements). Very big deal for this small company with only 700k shares in the float. It moves fast.
The rest of the outstanding shares are held by insiders/funds. HMMM
The deal should be announced this week or next. It could fly. Very little downside risk. Upside is an easy double or triple when the news is announced.

IATV is into digital TV. Their Pres. David Reese will be presenting at the Kargan conference in NY on Wed. and Thurs. The conference will be loaded with media moguls, sports executives, star athletes and people in the investment world. IATV already has deals with Fox sports and will be explaining the power of their product. Oh, by the way, the FOX IPO also comes out this week and there are rumors that more deals with IATV will happen or maybe something even more exciting. Have to wait and see. Just the Pres presentation will cause a stir. The stock started to have volume pour in late Friday when the preesentation line-up for the conference was announced. This si an easy trade for a quick half point if nothing great is announced and much much greater if we get some good news, which may happen.