Technical Summary: The SKT chart is reflective of the headwinds that the company fundamentally faces. From a technical perspective there is no way that this is buyable. The only reason investors may consider buying this is if they felt they were fundamentally getting good value. The one year chart above is an extension of the five year chart on the right. With the stock aggressively finding new lows that must be keeping long term holders up at night. Needless to say that the stock is trading well below its 50 day moving average. The stock may have found a short term low and appears to be making an attempt to consolidate at current levels. $2.50 could be a psychological number but until there is consolidation and a move to the upside there is no reason from a technical perspective why this cannot make further lows. The picture attached is an analogy for the fundamental issues facing the company.