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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (40592)9/20/2001 4:52:29 AM
From: SirRealist   of 50167
 
Any ideas thread?

Invest or trade? I'd wait a week or two and go with PROX. Once the tax selling season is past, I think it will do very well by the emd of the year. If you see it drop near $5-$6 especially, that's a good price to buy. But don't wait too long as it may not drop far below $10 again.

I've heard several analysts from different sources speak mysteriously about big deals and rollouts coming in the next few months, and I think this can go back to 20-25 within 6 months.

Also, if you look at these substantial insider buys made on WFII in May-June and compare those buy prices with its $5.05 price now, I think it looks like a safe bet to rise, again after tax loss selling.
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