Posted by: o_o June 9, 2006
American Economy??
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No I do not own any of GE stock. I was merely suggesting (Since you mentioned citigrp, I was sure you'd like it too) Hmm High risk, High reward stock. Man how much do I hate speculation. But even then.. NSTK: they specialize in drugs which is administered by nasal spray. They have recently announced a colabaration with P&G ( I think) to develop a nasal spray. The are going to receive $400+ MM over next several years. They already reveived 7MM (yesterday?). They are also researching a protein called PYY(??) which helps fight obesity and if approved will soar the stock price. The stock price is down from abt 23 ish few months ago to 13 ish. I think it is a good bet. KRY: Operates gold mines. Is recently in pipeline for approved for mining in Venezula but everything depends in Mr. Chavez. The approval is in the final phase. The machinery and everything is already up and ready in the gulf. Is trading for $4 ish and can easily go to $6 ish if approved but everything depends on Mr. Chavez's unpredictable govt. One good news is that the company is not american. It is candian company so the odds of being approved is greater. Good bet, I think. There are couple of more but since I do not like these kind of "HRHR" companies, I try to steer clear of them. For me they are not worth it especially under these economic conditions.
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