Favorite risky plays
two of my risky small-caps are doing well, so i thought i'd share/ask for opinions.
XOMA -- nice little pharmatech company, that's not covered very well. beat expectations, but that's because analysts were lazy and didn't raise them following a big deal announcement. they are expanding their stage 1 and stage 2 trials in order to speed up delivery. rumor has it that it's part of a $5 takeover deal, bring drugs further in the pipeline.
and
EGT -- relatively new company. supplies slot machines in emerging south-east asia markets. not profitable yet obviously. but installing machines in much higher quantities than expected. also, this is their first year of existence. expect them to install several times as many in 2008.
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