Watch List for Wednesday 10-28-2009
My new big bounce pick is
SKTO Quick side Note:
JUNP had some news this evening about additional contracts..
Hurry and put
SKTO on your watch list for this week.
SKTO had a huge run last week where is almost doubled in price and gave it all back today. A hard hit like this in just one day could be followed by a hard bounce!
If
SKTO was hit by shorters, they will have to eventually cover their position couple this with regular buyers looking for a bounce and this could become a huge short squeeze.
Check out this chart of a possible big bounce coming: http://bigcharts.marketwatch.com/quickchart/quickchart.aspsymb=skto&sid=0&o_symb=skto&freq=7&time
I believe the run on
SKTO last week was due to the recent developments from the company. They have signed some very large contracts in the last few weeks.
Here is a list of some of the headlines:
-SK3 Group to Market Preferred Medical Services to 27,000 PEO Employees Marketwire(Mon 5:46pm)
-SK3 Group Signs Two Year 19,000 Member Contract With Leading Edge Marketwire(Fri, Oct 23)
-SK3 Group, Inc. Signs Co-Marketing Agreement With Smart-Tek Automated Services Inc. Marketwire(Thu, Oct 22)
-SK3 Group Inc. Signs 20,000 Employee Contract Marketwire(Wed, Oct 21)
-SK3 Group Signs Two Year Services Contract With
ATAS Marketwire(Tue, Oct 20)
SKTO has two divisions that provide medical related services to its customers. Nurses On-Line 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
Make sure you always do your own research and consult with your own financial professional.
*********************************************************
