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Monday, April 08, 2013 8:06:19 PM
Dilution? No way! Selling / Shorting? I think yes to both. Too many unanswered questions and everyone at least on IHub seems to be exiting. Well there's about 25 of us holding lol.
Shorting odds are favorable if I was a betting man, Holy Catfish SKTO is up over 12000% so hell yeah why not short it back to at least double zeros
![smile](/images/emoticon01.gif)
So what about chart reading? Watching L2 to find solid bid support? Seems we can throw anything technical right out the window along with our profits, right?
Ahh, but when they release financials and exact numbers of shares, can we then better understand the real value of our little pot pressure-cooker?
What about our Dream-Team? Are they not watching and concerned for shareholders as the share price has dropped .... no, no ... PLUMETED from .08 to .03? No ... They are to busy counting the money they've already made from panic selling!
Why has not one single form 4 been filed by the way? Who owns shares as an insider? Who can possibly be dumping? How can we intelligent traders be getting scammed?
Fact is, this has happened to me on 4-5 "Penny" stocks I've gone long on after flipping for some incredible profits, I mean 400-500 even 700% returns and then I get all wrapped up in the company. A True-Blue-Supporter and put my profits on the line or once here recently on CER$ even went ALL-THE FRICK-IN!!!!
When will I learn to do what I do best and take my money and move on to the next one. I have a fine-tuned scanner that kicks out winners left and right> Flip the damn Stock OE1 and don't give back all your profits thinking that I've finally found it, the one penny stock that is legit and going to dollar land. Well I havent seen that since I was in AMW* from like 19 cents to $1.27
The point is ... It is alway best to play the MOMO. If there is high volume (usually) and Fresh PR's that make people want to buy, then stay the heck under the radar and trade the stock, flip it and forget it. Got it! Man I do.
Good luck SKTO Traders!
--Ocean--
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