Wednesday, May 9, 2007

SKS is a buy


I've had a stock I've been meaning to write about but I've been squeezed for time lately. I believe SKS or Saks is a buy here around 21.50. It has broken out of a triangle at 18.25 to 21.50 and measures to 24.75ish. So with that kind of profit potential and now that it has shown that it will hold this level, I believe now is the time to get in.

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