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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Saturday, September 09, 2006

Gamble with SHFL

SHFL got hit on earnings guidance slightly below expectations going forward. The stock got a 10% haircut today. It closed at $24.26.

I believe SHFL is a good long term buy at this level, although i would like to see it drop a little further to the $23 level.

I would buy 1/2 next week and 1/2 after the sept 20 Ben Benanke meeting.


posted by beanie11111 | 3:23 AM

1 Comments:

Blogger beanie11111 said...

nice bounce today. Can you ask for more?

Mon Sep 11, 03:46:00 PM EDT  

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