I know this may not be popular for longs, but I see a quick retest of .02 before this jumps back up to about the .035 range and probably floats there for a bit. My guess is this comes Monday...I know, I know - I'm sorry, but that's what I see on my charts.
Everyone here that is holding long and has made it through these past 6'ish very rough days can be glad that this stock will rebound and fast as soon as the company gets some news to report.
I think most people here sold, because they got bored holding and getting no updates (not because they lost faith in the co.). As soon as there is an update those people, with their family, with their friends, their coworkers and more...will be back in droves and this will race.
News out of CA is what I think gets news from the company. As I've said before I think all the website updates are a mouse click away and they are just waiting on CA legislators to pull their thumbs out of dark holes!
I hope that someone (politician) thinks this is an important enough issue to get the ball rolling before their summer recess...Ha ha, recess and politicians...It brings to mind a bunch of 2nd graders running out to the playground once the lunch bell rings... Ohhh, I can't stand politicians! What a joke, but I digress...
I'm sure there is some palm greasing going on behind the scenes and something will come out of CA soon, but it would need to be real soon in order to slide through the other house in time. Otherwise this could be a long summer for SKTO longs. Time will tell...
TraderGreen
All IMHO of course