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By Ivan D. Martchev
What you can't do with a little money, you can do with more money. And the policy makers have certainly done so. By my back-of-the-envelope calculation, they spent about $400 billion this summer to pull the credit market and, consequently, the stock market out of the black holes into which they were sinking.
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Stock to watch today - Monday - Big pick is MEDT
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Monday, 25 August 2008
My new turn around pick is MEDT.
If you use Yahoo Finance to look up quotes you will need to add a .pk to MEDT.  So the ticker is MEDT.pk  Quote: http://finance.yahoo.com/q?s=MEDT.PK
About 10 days ago I put out a small alert on MEDT stating it could turn around.  It has since moved up 30% since my alert!!
MEDT made a move of 50% this past Friday and could see more upside in the near future!!  The volume has picked up significantly so this leads me to believe that smart money is accumulating shares at these low levels based on their recent news.

MEDT is very cheap right now and this could be an opportunity to get involved while the momentum is starting up but caution is also advised as it could become very volatile.

Chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=medt&sid=
0&o_symb=medt&freq=1&time=7


MEDT is one of the largest manufacturers of media duplication equipment worldwide.  More recently they have entered the private label energy shot industry which proven to be a big hit.

I will send more information on MEDT tonight.
 
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investmen

Mid Day Update for Monday 8-25-2008

 
ASFX, a mid day alert from Aug 8th is up roughly 170% to date!!
 
SQNM - Approaching 52wk High
http://finance.yahoo.com/q?s=sqnm
Sequenom Inc., a genetics and molecular diagnostic company, provides genetic analysis products that translate genomic science into solutions for biomedical research, molecular medicine, noninvasive prenatal testing, and livestock and agricultural applications.


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The Company: Cameco Corp (NYSE:CCJ)Cameco is the world’s largest uranium producer. It is publicly traded on the Toronto and New York stock exchanges. The Company’s competitive position is...
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ASFX - Momentum
http://finance.yahoo.com/q/bc?s=ASFX.PK&t=5d&l=on&z=m&q=l&c=
American Scientific Resources, Inc. is a leading provider of innovative health and safety products through its Kidz-Med, Inc. and Heart Smart System, Inc.

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CPSL - Momentum
http://finance.yahoo.com/q/bc?s=CPSL&t=5d
China Precision Steel, Inc., a steel processing company, engages in the manufacture and sale of high precision cold-rolled steel products in China.
 

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.


Source : HotOtc
 
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