Friday, October 08, 2010 11:10:31 PM
I did a little more research and found the SK3 business shell has undergone several changes of ownership & supported several different businesses that have led it to be listed unfavorably in several blogs & web sites.
Researching SK3 I've found that 10 years ago they were selling slab stone on the internet from West Vancouver B.C., and later in 2008 pre-paid telecommunication cards. Now it supports another business model altogether.
LiquidateNow, concerning your reference to indictments, they are different than convictions. Like getting charged with stealing by your brother, but not getting convicted of it. I will wait to see what transpires with the indictment situation you refer to........ though I have to say the saying of 'where there's smoke,.........' comes to mind here.
As always I, and I hope others, review factual information and not feed into mass hysteria promoted by blogs and personal opinions.
One of the greatest motivators in the markets in our time is the internet. It allows anyone to immediately respond to published information, for better or worse.
What it does not allow is for unseasoned investors the time to sit back and seperate the wheat from the chaff prior to reacting either by performing investment strategies that are not based in reality, or by responding via the internet based on their knee-jerk reaction to the published news, once again with no solid factual information to back them up.
The market can, and does, swing wildly based on information published on the web. Many are exploiting this phenomenon for their own personal gain, either by releasing wildly optimistic press releases, or by publishing negative blogs & messages, both in order to affect the market value of various stocks.
I caution everyone & anyone to slow down, research, verify, and then make calculated, educated decisions in anything you do in life.
All this what I have come to call "emotional investing" in everything from stocks, to real estate, to personal belongings, to relationships, etc, etc is leading this world in a direction that is unhealthy at best, and more probably is devastating to our future.
I am surprised all talk of contacting the leadership at SK3 Group has ceased and all that seems to come up now is unsubstantiated theories of whats happening at SK3 based on the latest post.
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