Seeking Alpha
  • whitehead1
    Can any on predict bottom in AEM. I like the company but not sure its good time to get in now
    3/20/12
    Reply (9)
    • evan.prospect: 31.42 is the 52 week low so maybe I'll put in a limit order at $30. I like the company as well but am underwater with the AEM shares I own.
      3/21/12
    • whitehead1: May be it will be a buying opportunity in Sept. Usually if there is a big gap between 52 week high and 52 week low you got to wait.
      3/21/12
    • whitehead1: Until that gap narrows. I think it still has more down side because no one wants it right now.
      3/21/12
    • evan.prospect: Interesting, hadn't heard that metric before. Thankfully, the dividend doesn't make it dead money, at least yet!
      3/22/12
    • whitehead1: to get 2% dividend you don't want to lose 20%. If it goes up little bit then sell it. I promise you will get better opportunity by Sept.
      3/22/12
    • whitehead1: watch DECK,EQT, POT and other good stocks. They all will make new 52 wk low until their anniversary of 52 week high. DECK bounces inbetween
      3/22/12
    • whitehead1: Buy JAZZ, PRX, CRMT, BOBE in next sell off. they are far up from their 52 wk low. You can average down while buying. They will hit new high
      3/22/12
    • whitehead1: If you like stocks near 52 wk low, WLT, FSLR, ANR gonna celebrate their w2 wk high anniversary next month in April. There are few others too
      3/22/12
    • whitehead1: UPL in May
      3/22/12