ARTX dwn 13% with good news 22 MM contract ..weird ????..
Monday, April 10, 2006, 11:30AM ET
AROTECH CORP (NasdaqNM:ARTX) Rated 'NEW' Strong Buy - Target $0.80
NOTE: Todays news
9:25AM Arotech awarded $22 mln orders for 'David' combat armored vehicles (ARTX) : Co announces its Armor Division has recently entered into a $22 mln supply agreement for providing "David" combat vehicles to the Israel Defense Force. The "David" was designed in Israel by ARTX's M.D.T Protective Industries in collaboration with the I.D.F and will be built in M.D.T Armor's Alabama facility. With this supply agreement, Arotech's backlog stands at $39 mln.
NOTE: We believe the stock has sold off for no reason & offers an amazing discount under $0.50 per share
THE THRILL OF VICTORY ;-) & THE AGONY OF DEFEAT ;-(