Friday, September 19, 2008

SAM

SKF seems to have stabilized and I think people will be selling into rallies from here on helping keep a floor on it. We're down over 40% in a 24 hour period!!

3 comments:

  1. The thing to look out for with this one is Monday am when they will probably actually 'formalize' everything.

    Might be good for another pop up.

    Just a thought!

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  2. Thats why i'm making sure to stay with a UYG for every flip of SKF.

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  3. Yeah, as long as you hedge it right, you're playing it smart.

    A little voice in my head said to just hold the 16.5 UYG's I picked up earlier in the week just in case something like this happened...oh well...coulda shoulda!

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