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You forgot to add in all the free trading shares and convertibles notes to unload on the 18 million AR PUMP.
Got anymore insider info from IR?
You are joking right? Val stole all your cash PERIOD.
Just wait there will be more to come.
Nope, you invested in a forward looking company. Just because you believed them to come through for you does not mean you get to sue them when they fail. People need to understand how this market works before putting hard earned money in. All their PRs have had the words intends, expects, and looking forward and those words are not promising you anything.
That's what makes a market churn. Everyone has their own tools and ways to get r done. It's nice to see someone at your age trading and understanding. I was in my mid twenties when starting 45 now and still love it!
Have a good evening!
jason
All fundamentals in penny land are nonsense. Like you have stated before, TRADE price action or the chart BUT even that sucks here in SKTO LMAO.
I'm a chartist so I'm looking at the 200 day for the most part. Since the last big run on July 15th it's struggled to trade above the 200 day. The triangle or pennant formation shows each pump getting a little less strength. I don't have any emotions attached to the fundamentals so sticking to my entry and exits is how I trade. I do the same thing when day trading options and it works very well for me. I don't claim to trade on absolutes meaning I hit the TOPS on every trade LOL. This could punch threw that 200day BUT it won't be for long IMO.
Happy Trading
TB
People always talk about doing their DD. Well solid DD would have told you that MANY penny stocks do the same action. It's called pump and dump.
Could be a good call but I'm not greedy and 60% profit is good enough for me. It seems this thing is running out of steam but wish you all the luck I can give ;~)
Some are very stuck so trying to flip is last resort. Very easy to see and read.
investing in this market is foolish.
98% of pennies are share selling scams. Just like the MMs not caring much about pos stinkers neither does the government. They will shut one down here and there to make it look like they do but in reality they could care less IMHO. SKTO will most likely never be halted even though it is a scam.
Thanks OTHM for yet another good flip. Touched the 200 day now back to .0009.
Hey brah, got the proof LMAO
I have posted the same thing about when it's legalized. Just gotta look at other legal drugs and how they are sold and taxed to see how it will go for MJ.
.0033 was touched today so that means we still promote I guess.
If SKTO goes to .003 I will announce on all message forums "SKTO is a TOTAL POS and I was wrong!!!"
Mark this post and call me out if the occasion arises
Yes I marked it LOL.
It's hard to open up eyes with money and emotions on the line I guess.
GL
that's why we are both here ;~)
Nothing PRed by SKTO has been worded as fact. It's all forward looking and all Prs have an attached forward looking clause. I don't think most investors know that these non reporting stinkers only need to "try" under law. This is what protects them from all the upcoming class action law suits that we will all be reading about in the trips.
You know I am with ya on the skto scam but in my honest opinion the SEC shuts down a very small % of these share selling schemes. The SEC is all smoke and mirrors just like this stock. I would guess since they included a LT gov for promoting purposes the SEC will never give this a second look. 99% of these stinkers end up flat lined in the trips or reverse split >> wash rinse and repeat.
Good, I need some more comic relief.
LOL, politicians are the best and highly regarded scam artists known to man. Huge RED flag !!
Just make it legal so the bad guys won't flourish.
Again, if the TA is gagged the AS matters. Those are shares on hand to sell to you. It raises the number on the OS and float. AS is a very big concern when trading pennies. NOT so much on big boards because they inform shareholders reasons for diluting if need be. This POS will never be transparent so that AS is your nightmare with OTHM. They can always raise that number too when they run out, or reverse split. You are comparing real stocks with this junk and that will surely bite you in the ars. NOW,, buying here or more trips and selling on a pump is fine BUT don't waste your time keeping up with the share structure on die-luting junk like this one.
Yep, some just don't understand how the market works. AND when folks get in a stuck position they seem to never blame the company it's always evil mms with their shorting lol. penny stocks are great for shorting anyway if one has the means to get r done.
More stucks daily!!
Why do you think they pred such a big number on ARs? Holding and buying up more while you wait is the game plan with share selling schemes. If they showed real revenue on their un audited finz the IRS would come a knocking and they don't want that.
Everything written in that post is proof. It's like someone wanting proof the color black is really "black".
The only way to get this junk to buck is to reverse split. Just posting this,, is well......
Is the TA gagged? If so, the AS does matter BIG time. Why would you say the OS is all that matters? AS is the important number in penny scam land.
Oh I think a lot held and are still holding and adding. The big dump was off the first month of promos from traders and company. Playing the initial pump is the way to go on pennies imho. Trying to catch a falling knife or the tiny breaks on a solid downtrend is not worth it for many traders. It actually looks as if the slow bleeding has eased a little. It looked like an average of a couple million a day BUT it will start back up once the indicators are reset. Just not a whole lot of interest here anymore.
massive amounts of common shares which they dump into the market to fools who buy
That's why this is a slow bleed. Get a much better return keeping shareholder holding and even buying more while they drip sell behind them. The rest is all built in no matter where they sell.
RSI in the twenties
SKTO needs a pump but the last few have not brought in the sheep. Look for an attempt anyway but the chart looks pretty ugly. .002ish next stop.
http://stockcharts.com/h-sc/ui?s=SKTO&p=D&yr=1&mn=0&dy=0&id=p64661835565
Beware of pretty pumping smart ass faces LOL. Billions in the AS is never a good thing. But this is just a run of the mill penny sham so whats new?
Yep, most of these scams never get the attention of the SEC. SKTO will do what it's always done and that is get pumped and dumped then go quiet until the next scam can be created.
If this is true then why not stay silent and let the naysayers bring it down so you can load up at much better prices? Seems counter productive for your cash to try and entice buying while it's quiet if you know for sure this is real. looks like to me it's another stucks attempt to prop up the pps.
welcome to penny stuck!
IG has facts and I never see links by others to prove this poster wrong. We always get the typical penny stuck investors comments.
you will be disappointed when all this comes together. I will be sorry for you.
ROTFLMAO
TB
Hey dragon, keep buying and most important HOLD what you have. This scam will sky rocket soon!!
Carlo, emotions get the best of penny investors. All the proof is right there in front of them BUT they will never open up those eyes. Bag holders are a big part of this market and that will never change. SKTO gets a C on deceiving too LOL. I have seen others do it much better. I think it's the emotions of legalized weed that keeps the blinders on IMHO.