|From: mikebeaton (Rep: 3) reply to dafia||Date: 09/06/2016 21:21|
|Forum: SKYLINE MEDICAL INC - Msg #209||Thread #673867200 (Rec: 0) |
|Re: Skyline Medical Inc (NASDAQ:SKLN) Turns To EOR Joint Venture to Avert Further...|
Yeah, SKLN is doing quite well. It is still not near OB levels yet and there has been a lot of new money coming in so could still see some gains in the next couple of days. Towards the end of this week and next week it will drop a lot though as the shareholder votes comes closer. I think tomorrow and Thursday will be decent but not sure about Friday.
The JV with EOR was a lifesaver for this company. In fact it was that article that pursuaded me to buy into SKLN in the first place. I will most likely sell off my position by Friday or Monday of next week and watch to see what it does as it nears the vote. My goal is to ride this uptrend now and then when it gets diluted if it gets diluted buy back my position. I am hoping that more news will come soon after the vote about the JV, hopefully with a finalized deal with EOR and potential contracts or Gov. contracts that have been awarded to SKLN.
Will be interesting to see how this plays out.
Investorguru, investor10122, mikebeaton
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