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SEC halts trading in SK3 shares

  • Yesterday, the SEC suspended trading in shares of SK3 Group (SKTO) under trading halt code H10 ("trading suspended until further notice"). According to a press release from the company, the suspension may be in effect until June 19, 2014. It received no advance warning from the regulator that it was suspending trading in its shares and it does not know the specific reason(s) for the halt, although it acknowledges the trading halts of other cannabis industry companies.
  • Longs should expect a substantial down move when trading resumes.
Comments (5)
  • Patent News
    , contributor
    Comments (1404) | Send Message
     
    sure they do not know the reason? ha! liars
    8 Jun 2014, 04:45 AM Reply Like
  • oldorv
    , contributor
    Comments (488) | Send Message
     
    "expect a substantial down move." from one cent to... what?
    8 Jun 2014, 08:48 AM Reply Like
  • 27974573
    , contributor
    Comment (1) | Send Message
     
    Down to where it belongs - 0.000000001.
    8 Jun 2014, 08:50 PM Reply Like
  • dexseek
    , contributor
    Comments (9) | Send Message
     
    "expect a substantial down move." SKTO may open at grey market with minimum 50% of current. so approx around 0.0065
    8 Jun 2014, 09:36 AM Reply Like
  • Ted Bear
    , contributor
    Comments (628) | Send Message
     
    You play around in penny stocks...you get burned (literally).
    8 Jun 2014, 01:24 PM Reply Like
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