Cash is King – ALTX, ITSI

Cash is king. It was, it is, it always will be. Two stocks we’re watching with cash levels close to their market cap is ALTX (.19) and ITSI (.41).

Altex Industries, Inc. engages in the exploration and development of oil and gas properties located in Utah and Wyoming. It owns working interests in 2 gross productive oil wells, as well as in 203 gross developed acres. The company was founded in 1985 and is based in Breckenridge, Colorado. Cash: 4.37M; MarketCap: 2.59M

International Lottery & Totalizator Systems, Inc. engages in the design, manufacture, sale, management, support, and service of computerized wagering systems and terminals for the online lottery and pari-mutuel racing industries worldwide. Cash: 5.6M; MarketCap: 5.31M