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What do you think of SKM

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1 What do you think of SKM on Fri May 15, 2015 8:51 am

Thinking about buying this stock this am.....but the chart is nothing but gaps up and down....
Really looks like a flyer though with stops and limits???

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2 Re: What do you think of SKM on Fri May 15, 2015 11:43 am

No idea. Where did you find this? Have never ever seen a chart with so many gap ups & downs....

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3 Re: What do you think of SKM on Fri May 15, 2015 1:02 pm

I do a scan with Scottrade for stocks within 3% of 53wk Lows....it just showed up and I was intrigued.
I didn't end up buying it...bought WFM instead. SKM up .22 WFM dn .28....figures... ;-)

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4 Re: What do you think of SKM on Fri May 15, 2015 3:43 pm

If you want to backtest any specific strategy using stockfetcher's backtester, let me know the criteria (but not too complex) and I can provide the results. An example might be buy SKM when 10% below the 4 week high, sell on 10% profits above buy price, stop loss at 50% (just a an example, I haven't researched if this would fit the stock).

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