SKS is current trading about 10.00 at the minute and day of this post.

I have position in this and have a 6% gain. I was at 20% gain last week. I am holding this till the end of year...Christmas period. FRE and FNM takes this down with it.

1. I believe it is at among it lowest point. There aren't that many bad news in regard to Retail...do your own research. Nordstrom is doing well I believe.

2. At 10 it is quite on its way to my entry point and it will only shoot up again to 12 and 13 that it plays around. It can go to 8 and 9 but then everything else will be very bad.

3. I think you should look at this between 9 and 9.50...this week only I believe before it on its way up again. But look at Unemployment coming up adn more financial woes...vis a vis FRE and FNM.

Disclaimer: If you lose money don't blame on me. If you win money don't credit me. Your call.

as of this post

it is trading at 10.84/share

a $1000 investment would yield $84 ... almost 10% gain.

try that with saving accounts.

Christmas is coming...it can be at 12/share within next week...a drop to 8 or 9 won't lose me any sleep at all.

as of this post ... it is at about 11.50/share (~ +1.50 from my first post)

so that $1000 now yield roughly about $150 profit if you sell today

hang on till XMas...it could be 15 or 18 /share and then you can take me out to lunch

i like this because, the few stock that i can afford, near 52wk low price entry point. i would have bought Nordstrom for more reliable growth but the entry point is a way steep. your call.

if you want to jump in, watch for it to dip below 11 ... which may not happen this week or next.

i hope you guys share your favorite ones and give us your analysis and why you like it... not Google or Apple please

critical date for fredie (think fanie too but not certain) is September 30--end of 3rd quarter.  This may be the a good time to dump if you got it a the mid or high 2 and have been holding on to it or it may be another good time to make a  quick few bucks on short gambling.  keep your eyes on this one folks.

another financial institution that may be good for the long term is Amcore Financial IncAMFI (NASDAQ GS) 8.79. This is not an advise;  do your research for a solid long term investment: it's dropped considerably like other financial insititions and offers fairly decent dividens that kicks the saving account in the bucket.