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Wed: Buys SMH PSFT RMBS DROOY IMGN PEL.TO Sells DIA OIH EBAY

 
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arthur
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PostPosted: Tue Aug 24, 2004 1:24 pm    Post subject: Wed: Buys SMH PSFT RMBS DROOY IMGN PEL.TO Sells DIA OIH EBAY Reply with quote

Wed: Top Buys SMH PSFT RMBS DROOY IMGN Top Sells DIA OIH EBAY

SMH has been falling all year and may be in position to rally over the final months of 2004. The PSFT court ruling may be announced any day. RMBS is down and undervalued before its patent dispute court ruling. DROOY is still an undervalued gold stock. IMGN is an undervalued small cap biotech. DIA (puts) may be an excellent hedge for SMH (calls) and also OIH (puts). EBAY is risky and unpredictable. However, it's also volatile and can fall sharply quickly. PEL.TO is a volatile energy stock (recently trading between 2.50 and 2.60).
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