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Alias Born | 12/14/2009 |
Friday, July 22, 2011 11:29:42 PM
Dont like to hate on this but....
I just noticed this went from 4.00 to .0006-7 within 22 months.
wow. only bought before based on something I read.
oh well. last i will speak of it.
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Friday, January 8, 2010
SKTO - Merger News Should Move Shares Substantially Higher
http://www.sk3groupinc.com/
http://www.healthcareoftoday.com/
Over the course of three months SKTO has undergone a steady grind down from well over $1 to $.08. Investors buying at the top have lost over 90% of their initial investment, but the trend down looks to be coming to an end.
The company issued a press release yesterday, after the close, and an 8-K this morning which should move the stock much higher than its $.08 close.
According to Pink Sheets SKTO has an attractive share structure (assuming this hasn't changed) and the current outstnading shares are right there with the authorized shares meaning further dilution/selling is unlikely.
Absent the recent merger news, this stock was overdue for a rally. Now factor in the news, and recent acquisitions and SKTO should be trading closer to $.20 short term, with a higher price depending on investor interest.
Obviously dropped from .08 to where it is now.
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