Stock of The Week (AEM) 9/2/08
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I have 200 shs of SKF at $136. SKF is currently at 106 going into Monday. Had 3 chances to sell it at 134 but didn't--- foolish I know. How low will skf go? 90 or 80? Will it ever see 130 again?
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I noticed the gap after the opening on monday and let it go.....nice call.
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short AEM
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The financials are scary to short when the government can step in there and blindside you. If it closes below $108.75 then it could go down to around 100.00.
I think the financials are still in trouble with credit card debt. That could be the next shoe to drop and in that case SKF would rally.
gvit2mikie1254 3 years ago
Was a day late or would have caught a nice gap down.
gvit2mikie1254 3 years ago