Re: Are we going to be disappointed....agai...
posted on
Apr 03, 2008 01:45PM
I have been cautioning for awhile now not to expect too much from the 10Q as far as effect on the SP. I am one of the biggest supporters and defenders of PTSC but I do not see the SP blowing up until the M&A. We all know the 10Q is going to reflect some nice numbers, in the tens of millions, and that expectation is already factored into the current SP. If the numbers are way more then expected then we might see some nice movement and if the numbers are lower then expected we will probably see some pullback. Even with nice numbers, we are still an OTC stock with no tangible product, 300 million shares outstanding and at least some lingering questions about the future of our patents. Even with all that money in the bank, until that money is put to constructive use, IMO the mainstream investment community will continue to stay away. The good news is that the right M&A with a NASDQ company with a tangible product will change everything. I for one am ridding this out until that M&A which is when I think the SP will immediately begin with a dollar sign and continue to go up from there. I just think it is a mistake to hang all your hopes on the 10Q which IMO is not that significant other then to help validate our ability to accomplish the M&A.