Tuesday, July 15, 2014 11:55:42 PM
I'm pretty sure few longs are taking advantage of anything, as the stock has had as much volume in the last 5 trading days as the first two days after the holiday...and that's not much. Volume has died. A dead cat volume attempt doesn't fool the masses.
Pharmajanes isn't the property of SKTO. And it hasn't been making any money. Just look at the filings. Nothing. Zero. Nada. Despite pictures of phony sales, the reality was they made NOTHING.
You're invested in a share selling scheme that's run out of an outlet to further dump shares beyond those thinking they'll be able to one day sell them for a profit. Unless it's a group of guys swapping shares amongst one another, it won't happen. The trading has shown that. The SEC didn't throw a road block, they put up a nice big neon sign. ROAD CLOSED. And behind those signs are folks at the DOJ just waiting on those who try to navigate around the cones. The company hasn't replied. It tried a last gasp to get people to take their shares. Worked for one day...as 83 million switched hands. Barely topped that volume in the total days since. The only colors the company insiders will come out with are orange and black. The DD leads to explaining why the SEC hammered them.
Believe the SEC.
Their record's pretty solid.
Sorry about that.
IMO/FWIW
"Taking advice from known stock promoters is like telling a pickpocket where you keep your money!!!"
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