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Microcap & Penny Stocks : Gator's Picks from the Swamp -- Ignore unavailable to you. Want to Upgrade?


To: callme who wrote (471)4/14/1999 7:31:00 AM
From: Gator  Read Replies (1) | Respond to of 616
 
Never been in PCBM. I did pick up some Equitex (EQTX) on Monday afternoon when I real in a Florida Business alert that EQTX was acquiring or forming a "NetBank" type of company. Stock on Monday ran to $27 or so, then profit taking dropped it under $24 towards the close, when I picked some up (assuming that it would get covered in WSJ the next day). It did, and the stock ran to the mid $40's yesterday. Stupid me, only bought a 100 shares.

CRNC had a very nice conference call yesterday. Looking for 2 key events to occur on Friday, closure of the Florida Machine and Welding deal and signing of definitive agreement for Frontline Consulting acquisition. Following signing of the definitive agreement, we may be hearing about some monster contracts coming out of that company.

EBLD has been awesome without the company having to release any news. I think they're sitting on some blockbuster stuff, just waiting for the right time to release it. The huge buying volume of the last few days has to be leaving the MM's in a short position. May see a "TUNE" like squeeze.

Gator