Next up...SLXA (SOLEXA Inc.)

Why boring 'ol Solexa Inc. (SLXA)??? Is it because its in the Medical-Genetics industry which has attractive technicals? Well, that's just one reason. So what else? I like SLXA because its in the business of selling Genes to Bio-tech and Genetic research companies. My view is that this business will increase as we advance in the genetics field. It is a growing field and SLXA is supplying them with the Genes. Last but not least, the inside ownership (roughly 45%) and insider Purchases (lots and lots lately) signal to me that the company has bottomed out and is ready to start climbing back up.

APPROACH: My first target is 7.50+. This stock is currently thinly traded, so it needs a big boost in volume to get it moving. My opinion is that it has been kept under the radar for a while, so take that as an opportunity to buy some before it explodes. Buying in the low 5's would be great...High 4's even better. But I would even buy at the 5.50 range and anything below.

Time Frame: I really do not want to classify this as an investment because of the riskiness. That's why I consider it a mid- to long term trade.