Im currently in SKUL 100 shares @ 7.65. Its current price is 7.46 and my stop loss is 7.24 which i feel is reasonable. I wanted to give SKUL that extra space since I know it may have the potential of boosting above $8 very soon with its recent TOSHIBA deal. I see it consolidating around the low .40's and potentially boosting after a few down days. It's been boosting since December 16th from the $5's. It does look very far from the 50 MA so it may try to come close to it before bouncing back. This play could have been better had I waited and had my stop loss at below $7. But we'll see where it takes me. I did not really analyze this stock too much before buying it it was more based on news. Clearly you should analyze a stock as much as you can before buying it regardless of news.
"these are just my opinions and not a buy or sell recommendation. i hold a position in this company but they are not paying me to post this".
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