Thursday, January 28, 2010 12:25:10 AM
okay im really scared.
ive been visiting the hotpennystocks.com chat, and lots of people are saying that the SKGO merger DIDNT go through, and that its not going to happen. they've ventured a guess that its all fluff, and that we're all going to be very disappointed when the news doesn't break, and that the stock price will suffer.
part of me gets scared when people say this. while im aware that there's a FINE line between investors and day traders (the latter being the nay-sayers i think), im still afraid. nobody on that chat even wants to continue talking about SKGO; they're all concerned about the next pick for tomorrow and so on.
basically, i hope we're all right on here. someone had mentioned in that chat that they're skeptical because they haven't seen ANY independent research done on this merger, and that it's all been speculation and hype from message boards like our own, and from SKGO themselves.
but then again, when you look at the pinksheets filings, the SKGO site, and so on, it makes one think differently. to one skeptic i said "why would SKGO put themselves in such a vulnerable position? why would they advertise themselves as being a part of a chinese company that they actually aren't a part of? wouldn't that be stupid because of the legal repercussions alone?" to which he replied, "it takes years and years for any sort of legal consequences to be finalized and processed, etc. they don't care. besides, its a company in CHINA, and they may not even know what's going on over here with this relatively small hype from a tiny tiny company like SKGO. who knows for SURE?"
i think he brings up a great point. who knows for sure? in this day and age of jim cramers and penny day traders manipulating stocks and spreading fluff pr, who knows who can be trusted?
im really interested in hearing everyone's thoughts. i've been following this board since HOOKA recommended it to be two weeks ago or so. i trust the knowledge and research ive seen on this board, and i hope everyone's not being fooled, myself especially.
ive been visiting the hotpennystocks.com chat, and lots of people are saying that the SKGO merger DIDNT go through, and that its not going to happen. they've ventured a guess that its all fluff, and that we're all going to be very disappointed when the news doesn't break, and that the stock price will suffer.
part of me gets scared when people say this. while im aware that there's a FINE line between investors and day traders (the latter being the nay-sayers i think), im still afraid. nobody on that chat even wants to continue talking about SKGO; they're all concerned about the next pick for tomorrow and so on.
basically, i hope we're all right on here. someone had mentioned in that chat that they're skeptical because they haven't seen ANY independent research done on this merger, and that it's all been speculation and hype from message boards like our own, and from SKGO themselves.
but then again, when you look at the pinksheets filings, the SKGO site, and so on, it makes one think differently. to one skeptic i said "why would SKGO put themselves in such a vulnerable position? why would they advertise themselves as being a part of a chinese company that they actually aren't a part of? wouldn't that be stupid because of the legal repercussions alone?" to which he replied, "it takes years and years for any sort of legal consequences to be finalized and processed, etc. they don't care. besides, its a company in CHINA, and they may not even know what's going on over here with this relatively small hype from a tiny tiny company like SKGO. who knows for SURE?"
i think he brings up a great point. who knows for sure? in this day and age of jim cramers and penny day traders manipulating stocks and spreading fluff pr, who knows who can be trusted?
im really interested in hearing everyone's thoughts. i've been following this board since HOOKA recommended it to be two weeks ago or so. i trust the knowledge and research ive seen on this board, and i hope everyone's not being fooled, myself especially.
