Friday, November 6, 2009

SK3 Group (SKTO) (SKTO.PK) Hype Email Back, Still Targeting $2.29/share

SK3 Group (SKTO) (SKTO.PK) is still being touted, and the target remains $2.29/share, although the email's content has changed. SKTO traded as high as $0.48/share on Wednesday, but has closed at $0.32 and $0.33 the last three days. Volume fell about 60% yesterday to around 440 thousand shares. Intra-day today it last traded at $0.33/share on volume of 110 thousand shares. And yet another press release, SK3 is expanding into South Florida. Track our coverage of SK3 Group (SKTO) (SKTO.PK) here. Details of the latest SK3 Group (SKTO) (SKTO.PK) email below.

"watch this Micro-Cap Issue Trade‏"

We profiled SK3 Group Inc. for a number of reasons.

First, the quality of the company and the product.
Second, it has a huge audience. And finally, Timing.

We saw the recent selloff as the perfect entry point and we
were not disappointed. The price has found a bottom and is
in the process of going right back up. THAT'S SMART TRAaDING.

SK3 Group Inc.

Ticker: SKTO

Current Value: $0.32
Tarrget: $2.29

Views: Solid Company. Large audience. Perfect Entry Point.

Great Product:

SK3 group is doing the right things at the right time. Just when
companies are looking to cut costs SK3 comes in with an innovative
service which reduces a company's workers compensation expenses
(a substantial part of any companies budget).

Press Release on Thursday November 5, 2009:

CARLSBAD, CALIFORNIA - (Marketwire - 11/05/09) - SK3 Group, Inc. (News)
announces that it has opened a Palm Beach County office which will serve as
a marketing hub for the region including Broward, Palm Beach, Martin and
Miami-Dade Counties. With approximately 5.4 million people, according to US
census data, SK3 has identified that being in South Florida is a geographical
and strategic necessity for growth," stated Peter Bell, President.

More about SK3 Group Inc.

SK3 Group's Nurses On-Line unit is a subscription service for employers who are
seeking pre-screening of workers compensation injuries by a registered nurse
prior to disposition of medical treatment - first aid, clinical referral,
or emergency hospital. The purpose of this service is to assist employers with
managing the ongoing risk associated with workers' compensation claims and their
relationship to premiums and reserves charged by insurance carriers.

1 comment:

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