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Microcap & Penny Stocks : SKYK (OTC:BB) SkyLynx Communications. Wireless ISP. -- Ignore unavailable to you. Want to Upgrade?


To: Rudy Saucillo who wrote (40)4/13/2000 8:21:00 AM
From: crimson  Respond to of 42
 
Rudy - Thanks for the link. For an "up and coming" company, SKYK has been anything but up and coming. It will be interesting to watch the trading today, tomorrow and Monday. About the only way I will buy more of this stock is if I see heavier volume. 200K minimum to get my interest.

I noticed on wallstreetinsider.com they have SKYK listed with a target price of $7 in the next 1-3 months. Maybe they meant $2. :o)

I still expect SKYK to be a $10 stock this year, and that alone will keep me interested even though this is an OTC:BB stock. I notice more and more why I hate OTC:BB stocks. Too much potential to give up on them. Besides, who can pass up on a $2+ stock with funding from private placement of $65 million? Something must be up. As for the price action, even that appears to be controlled. We shall see.

If I am right, SKYK will be $4+ next week and the volume will increase significantly by the end of the week or Monday. One thing you can count on with OTC:BB stocks, is that insiders, MM's and people in the "know" - know a lot more than we do...

Take care