New licenses, buy back, and sp
posted on
Apr 06, 2008 04:57PM
Complete speculation:
Patriot expects a major rise in sp on the 10th after the report.
Then comes the big sell off. sp pulls back.
Good news for the company. Insiders may purchase shares again. The company can buy back at a cheaper price.
Then the company releases another stock pile of new licenses and announces a merger/acquisition.
Unless all the company officers already have enough shares and want to keep riding the wave of good news all the way to the nasdaq. If that is the case, I would hope to see announcements just prior to the release of the report as well as the following day.
RG has the incentive to capitalize on this monumental event.