Saturday, June 14, 2014 3:24:42 PM
Bill I have a background in personal finance, although I now work in a different industry, a lot of people I work with ask me for financial advice. Over the years, I have advised family, friend and co-workers to buy @APL, QC0M, NFeLX, DDDee and a few other big winners. Even with equities/companies I do not like such as FBee, I still would not tell people to avoid it like a plague.
Only twice have I ever told people to stay clear of a stock, once with KKDee in early 2000 when I was shorting the heck out of it....
And now with SKTO. In the pervious case with KKDee, at least the company had a real product. SKTO's fraud is on an epic scale, akin to Enron or WorldCom. SKTO is nothing short of a complete fraud. I can say this with absolute certainty and anyone still playing this stock is a degenerate gambler.
I have a little over 300,000 SKTO shares and for the first time in 20 plus years of market participation I may likely dump those with a market order on the day SKTO reopens. Dumping an entire position with a market order is the worst possible move anyone can do, but I've made my money here so any price would be a profit.
SKTO IS NOT AN INVESTMENT OR EVEN A TRADE.
"Emancipate youself from mental slavery, none but ourselves can free our mind"
-Bob Marley
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