rjm77me's Blog : Trading Central Nov 7 2010 Adding TEVA, NUVA and HAL as contrary plays = This blog has been 85% plus money maker - check out past posts

I could not add these as picks during day as the site was having performance problems and could not find time to add any blogs or add my picks.
I did buy all three in personal portfolio. I used some of my profits from Financials like JPM, STI and BBT in htree underperforming stocks
TEVA is a premier drugs company and offer Teva is known for its generics, but has a significant branded division, including Copaxone, a $3 billion drug and the leading treatment for MS.

While Teva reported a good quarter, the stock was taken down and the multiple has shrunk. Bill Marth says he is not worried about the decline because the company is strong with a solid pipeline for 2011.

Analysts on the conference call kept asking Teva about competition, even though the drug is very difficult to replicate and certainly impossible without additional clinical trials.
Teva's respiratory and women's division of drugs are also growing. Marth said TheStreet also was worried about a recent acquisition the company made; it was expected that the deal would be immediately accretive when there were significant financing costs
HAL is seeing some selling due to the old BP saga about bad cement for oil rig blow up and i see even risk or reward at this point - I bought some options on HAL today
NUVA is oversold and in my personal opinion the stock is worth $30 - sold off due to earning miss. i decided to dip my toes by buying stock at 23.51 and selling NOV 25 calls at 50 cents - meaning my cost was 23.05 after costs - stock closed at 24.0. I did buy Jan 22.5 calls with limit of 2.60 and sold NOV 25 calls for 50 cents - Calander spread
Please do your own home work before buying or selling any stock mentioned in my blogs. I am just sharing real money trades for better or worse - and taking calculated risk