Posted by Davy on February 8th, 2008 in Enlightened-American Portfolio
Email Davy

Yesterday, I put in an order to double down on SKT as the stock had dropped another 10% from my initial entry.

I reviewed their Q4 2007 results. An official write-up will be put up on the Enlightened-American website this weekend but long story short, the company is engaged in a market share war for 3G customers and are coming into a crucial transition period regarding their business model going forward. I’m still confident that the company’s market-leading position will allow them to come out of this period in good standing but it will bear close watch.