Replies to post #132764 on SK3 Group Inc. (SKTO)

[LoanStew]

I-Glow,
I had a theory on the "addition" today to the BOD. There has to be something in it for Hoye. Let's face it. SKTO has been riding their pump on the coattails of BBIO. I get the feeling Hoye realized his payoff should be far better for his "efforts." Maybe he told Jan/Hipple that he wanted his fair share. Nothing more evil than a pothead scorned?

That being said, the marks were taken for quite a beating today...this was a classic "promo-pump" job. They were probably leaking that today's PR would come out, after having loaded at the lows the last two days. They probably had their sell orders lined up in the .03s and high .02s, knowing that they had their marks to load the boat...the boat of their shares being unloaded.

It worked like a charm. A couple of people exited quickly this morning, but VERY few. The rest are now sitting on 10-20% losses.

Oh, what time should the NT filing come out for the delay?
IMO/FWIW

[Condor65]

I'm sorry, but my position does not change.
Short sales are made (in simplified terms) through the loan of shares at that time are unused and available.
My bank has been instructed by me to make them not available to short selling.
The purpose of a short sale is to make money selling something that you do not have, and buying it back at a lower price.
Obviously this game is very easy in a market like the OTC, where the charts are less important, there are no long-term data and the market is doing much more from news or feelings.
This add that, there are real organizations that seek to direct the prices of a particular stock.
In this way causing a loss of competitiveness or the acquisition of a company.

Belive me, i'm not a newbie .

Sorry for my english, i'm italian.

C.