Saturday, November 7, 2009

Getting near the end of the year - time for a longshot?

Well the 2009 stock trading year is rounding the bend towards a close and you are still looking for that one 3-point shot at the buzzer to win the game at the end of the year. You have dice in hand and should be playing with the houses money if you have been involved most of the year. So I thought I would roll out some speculative names for sporting purposes only. (Speculative means you can lose or make a lot of money quickly. Some luck and good timing is required. If you cannot afford to lose your money you should not speculate).
The first name I will throw out is BioCryst Pharmaceuticals Inc. (Symbol BCRX). BioCryst received an initial order for 10,000 courses of its intravenous flu drug peramivir, valued at $22.5 million, under a contract from the Department of Health and Human Services (HHS). Demand will remain strong for their product that is also marketed in Japan.
Next up, Clearwire Corp. (Symbol CLWR). Their 4G highspeed
wireless internet services using WIMAX to cover your home, business , and mobile internet needs. The 2G and 3G carriers are quickly running out of spectrum with continued high growth. WIMAX makes your world one big hot-spot. Side bets on this stock are Sprint , (Symbol S), who owns 51% of Clearwire's stock and Motorola (Symbol MOT), that is cranking out with factories humming WIMAX infrastructure equipment for their towers.
Third, we need to acknowledge the boom in Gold recently. So at least let's pick one with a pretty good return on equity. ELDORADO GOLD CORP , (Symbol EGO). All I know is that all that glitters is not gold. I also know that the dollar keeps getting a haircut because of our low interest rates, making it worth less and less. So people are looking for somewhere to preserve their equity.
For full disclosure, of these stocks I currently only own Clearwire. That does not make it any better or any worse than the other picks!.

So roll the dice, 2010 is coming soon.


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