SK3 Group, Inc. (PINK:SKTO) Shoots Up from Triple Zero
In the search for new and fresh tickers, sudden investor interest may serve to pull a ticker out of three-zero positions. This happened to SK3 Group, Inc. (PINK:SKTO), which shot up by 471% to trade at $0.004. Even at this price, the ticker may have a leeway to still increase its price two or three times. 
More than 100 million stocks changed hands, as before SKTO was barely traded. The company is currently capped at a mere $1.4 million and is most probably used as a speculative bet. Still, SKTO claims to be acquiring significant assets in technology, healthcare and business services, so let’s look at the contents of its financial statements, even though the last filings date as far back as 2008:
- $191 current assets
- $230, 960 total liabilities
- $344,808 net loss
The SKTO company has not filed with the SEC for a while, neither does it provide newer reports with the OTC markets. But the core business or future plans are way too long-term for this furious climber, the one where the pumpers sent their promotional email after the stock had already gained four times in price. The email from Stock Analyzer is a no-compensation message, perhaps an attempt to add to the pumper’s record.
SKTO also has no press releases and does not seem to be concerned with publicity for now. Even the website it posted with the OTC seems inactive. The next trading session will show if investors have enough nerves to hold onto this ticker. Stock Analyzer is known for risky, underpriced picks, which lately trade very actively, gaining more than stock
s mentioned in larger pump campaigns.
Stock Analyzer participated in the pump for Cereplast, Inc. (OTC:CERP), mailing investors as recently as March 8th. So far the results have been dubious for this 5-cent stock. Rapid Fire Marketing, Inc. (OTC:RFMK) has fared worse than other pumps, losing half its value since Stock Analyzer promoted it last October.
In the case of triple or double-zero stocks, it is best to estimate your own acceptable time horizon and to be ready for the deep losses these stocks usually have, even in a single trading day.
