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Mr_Breeze

11/15/10 1:33 PM

#2271 RE: happymario #2270

Happymario,

I understand your pain, I am down about 35K overall, I can tell that this is a very confusing time to be in the market and what makes it worse, not all stocks will recover, which is why you must deversify. Even then you are likely to be in the red, I am. The way I figure it, no one can be that unlucky. So I play the waiting game. One of these stocks I hold will not only recover all of my lost funds but will also give me a hugh profit once the market recovers and the jobless rate drops to pre-reccession totals. The majority of these stocks have real companys behind them, they are just facing tough times right now and truthfully many of them will have to close there doors. That makes what we do very risky; even more so than before.

Hang in there... You are not alone...


LRC409

11/15/10 11:06 PM

#2272 RE: happymario #2270

Happymario, regardless of your results thus far with the various stocks you've invested in, and your attacks on SKTO & Henry Jan, SKTO does have valid operating companies within it's holdings.

That DD was completed personally by others on this board and they vouched for the validity of many of the companies in SKTO. As I've said in the past, "don't expect to retire off of these penny stocks in 60, 90 days, or even in a year". You need to be in this for the LONG HAUL in order to hope to see the results you expect.

IMO, I don't think calling Mr. Jan the names you've called, & continue to call him, is validated because of your personal feelings about your investments. You're a big boy and should be investing based on what you are able to lose if it doesn't go the way you thought it might.

It looks like the economy has hurt many of these start-up companies and I'm sure they are taking whatever measures at their disposal to stay afloat. After all these are the companies that are creating jobs here in the good ol' US of A.

Our Federal Government has bilked Trillions out of the taxpayers pockets and yet we sit here and expound upon the situation of investment loss of a few (or many) penny stocks. These stocks are not winning lottery tickets, but an opportunity to do DD, invest & wait for positive results.

Hang in there friend and look at the solid companies within SKTO. Give them time to dig out of this economic mess we have here in this Country & I believe we may yet see this company perform to its potential.

Just IMO