SK3 Group Inc. (SKTO)

[nopancakemix]

If I Had a Million Shares of SKTO
It depends on your risk. If you can afford to lose it all, hold it for a few days or at least hours to gauge the panic. Slowly unwind the position 200k at a time at prices you see fit. There won't be any level II or bid/ask spreads on the greys so you're firing blind.

If you just need to get out, put in an order at .0075 and hope it gets filled. If it doesn't fill you may have to lower your ask.

SKTO will probably be pretty liquid when it reopens because there will be bottom feeders and short covering. My guess is those players will be small and the real volume comes from massive dumping, quickly destroying the share price with small covering/degenerate gamblers playing games.

I'm going to start with option 1 from above; I don't care about my position. If I even bother to play the reopen after the suspension, I'll probably put in a GTC order at .0075-.008 and let it sit for 30 minutes. If shares get executed I'd keep the position open indefinitely. If shares did not execute In the first 30 minutes, I may lower the price to .005.

SKTO is the first and only MJ stock so far I actually called a fraud and warned if an SEC suspension.