If I were SKTO management, I wouldn't do anything
Post# of 36728
Posted On: 10/02/2013 12:14:54 PM
Re: AmericanSavage #7921
If I were SKTO management, I wouldn't do anything to defend the stock price either until the convertibles are done dumping. Let them dump at depressed prices, and then when there is good news to release, the note holders won't have any shares left to dump and put sell pressure on the stock. Otherwise the note holders will dump on every positive PR and it will be a waste of good news.
Again I go back to the AEGY example - Asher dumped the crap out of it and when he was done, AEGY ran like gangbusters on news of Pharmajanes, which wasn't even PR'ed at the time. From .0005 to .0055 just imagine that SKTO runs from .005 to .055...yeah almost 6 pennies again. Guess I can always dream.
Again I go back to the AEGY example - Asher dumped the crap out of it and when he was done, AEGY ran like gangbusters on news of Pharmajanes, which wasn't even PR'ed at the time. From .0005 to .0055 just imagine that SKTO runs from .005 to .055...yeah almost 6 pennies again. Guess I can always dream.
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