SK3 Group Inc. (SKTO)

[maverick0607]

LRC I am a investor that tracked this stock when it was a dollar, and bought it around there. As far as why the stock fell I believe it was because of the penny stock E-mail spammers. From what I can tell there are two kinds of people who act on these profesional stock pumpers. 1 the green horn investers (me), and the shorters that all jump in at the same time. After every one jumps in its easy to bash the rookie investers away, and the shorters make all their money coming out on top. I'm just too stubern to let this stock go. But from what I can tell at the time this stock was a dollar it was because of how big Healthcare was in the news and the massive volume it had that drove it up. Its actual price at the time should have been a lot lower, and I believe the shorters new this. At the time this stock was one dollar it had nothing to do with HOTI. Months later HOTI came along when SKTO was looking for a Billing Spc, and I guess HOTI liked what they saw and decided to merg with SKTO when it was about .3 ish. All that being said I think I made a good move bye keeping this stock, and can not wait till this one moves to the green. Though I know it might be years till I make any money.