SK3 Group - Why I'm Feeling Bullish repost by: Feeling Bullish

Knowning that I'm holding long position with a significant number of SKTO shares, a good friend of mine asked me yesterday if I was nervous about the day's stock performance.

I simply anwsered honestly, "No, not at all".

And here's why I'm not nervous...

SK3 Group's Overall Strategy

-- Over past months, private investors have been heavily buying up / investing in medical marijuana dispenseries

-- It's a tight network of players which Kevin Allyn, Chairman of the Board of SK3 Group, seems well connected

-- From Kevin's introduction letter on Medical Greens web site, it's evident that these dispenseries are experiencing many operational challenges

-- Kevin and his associates create Medical Greens to implement - much needed - best practices in management/financial operations (clinical staff, finance, legal guidelines, etc)

-- Medical Marijuana dispensary contacts for Medical Green's business involvement is a slam dunk thanks to current business needs and his connections with private investors

-- Medical Greens gets established, grows, and eventually BUYS out the private investors.

-- Private investors are happy with their profits - remember they origially invested to make money and not to run dispensaries

-- Medical Greens is now the leader in the medical marijuana retail market with a strong, expanding foothold in California and eventually expands to other states

Stock Insights

-- From day one, Medical Green's launch has been very well orchestrated - with precision

-- One major characteristic is the pychological suspense that investors go through at each unfolding step - but are not disappointed at the end of their wait.

Conclusion

I'm more confident with this stock than with any other stock that I previously owned including those on NASDAQ and NYSE due to the following reasons:

-- High caliber, professional management

-- Manangement is well connected with the major industry players

-- Company should receive favorable treatment from the State government since they will be cleaning up the industry

-- Management definitely has a well thought out business plan and strategy

-- It is a rare opportunity to get in on the ground floor of such a start-up venture (and within such a lucrative market no less)

If you enjoyed reading my analysis, here's a link to my previous post.

SK3 GROUP: Wall Street Insiders Pot of Gold?

Disclosure: These my own opinions. I have no business relationship with any company mentioned.

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Tuesday, April 09, 2013 9:43:18 AM
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