profitpicks.com
Rumor Plays
Stock
Symbol
Recent
Price
Target
Price
Time
Period
Date
Reason
SNMM
5.50
10
2 weeks
8/24/99
Huge sell-off recently over
what seems to be a simple
misunderstanding, CEO
claims that nothing illegal
was found during the
weekend investigation,
rumors state that there are
no charges pending against
SNMM, expected to be
applying for a NASDAQ
listing soon if the stock
starts moving back to its
pre-investigation levels,
charts show very heavy
buying and strong
momentum, lots of
value-buying is expected in
the coming days, rumors
state that all the big
investors are back in,
strong momentum likely to
continue, strong long-term
potential.
EVOL
4.44
9.50
1 month
8/24/99
Very strong rumors state
that EVOL has signed a
huge contract with AOL
that allows EVOL to
provide its advanced VOIP
technology to all AOL
customers, the contract
would allow AOL users to
talk directly to one another
through the computer,
contract is rumored to be
worth well into the millions,
contract will drastically
increase EVOL's earnings
in the future (if signed), a
large uptrend is likely to
start if the contract is
announced, many other big
contracts with numerous
Fortune 500 companies are
also rumored for EVOL's
VOIP technology,
extremely advanced
technology, huge potential,
very strong long-term hold.
ANTM
0.16
0.50
6 weeks
8/23/99
Rumored to be opening an
e-commerce site soon,
rumored to be receiving
financing worth well into
the millions for further
research and development
of its products, ANTM
manufactures and markets
unique and patented
antenna products and
solutions, it holds a very
strong customer base,
many contracts are
rumored to be in the
works, profitable company,
growing rapidly, huge
potential, very undervalued,
extremely strong
momentum recently, strong
long-term hold.
GAMZ
0.29
0.60
6 weeks
8/23/99
Numerous positive press
releases are rumored to be
released in the coming
weeks, charts show that
the stock may have hit its
bottom, rumored to be
completing work on its
websites, news rumored to
be released by some new
investors in the coming
weeks concerning their big
buys and plans, it has been
hit very hard recently,
profit-taking and shorting
seems to be completed,
small float, strong uptrend
very likely if rumored news
is released, undervalued.
FHTV
0.12
0.75
4 months
8/23/99
Very strong rumors state
that a contract allowing
FHTV to be the only QVC
supplier in all of China will
be signed and announced in
the last quarter of 1999,
rumors may cause a huge
uptrend to start, large drop
in price over the last few
months is rumored to be
the result of marketmakers
shorting and selling to force
a large shareholder to sell
all his shares, strong
value-buying and covering
is rumored to be coming
soon, very undervalued,
strong momentum on
Friday. NOTE: This is a
high-potential, but very
risky Rumor Play. |
