A couple of mini-novels forthcoming....
Why is PTSC trading at something (far) less than most of us believe is "deserved"? Yup, we need to explore this, because it's not obvious enough.
We are on the OTCBB.
We've had Swartz to contend with (but the warrants are gone, and the S&L position is a fraction of what it once was - ignored facts).
Lack of transparency - like most companies engaged in similar business.
A continuous barrage of somewhat subtle or blatant attacks, each bringing focus to perceived flaws, whether real or phantom. And who is the source of nearly every one of these actions?
Each of the above is a real reason for why we are trading where we are. And, lest we forget, the current economy and peoples' need to reel in investment money is still another reason.
Why the recent drop? For the last-stated reason, plus tax loss sellin - yup, it's that time of year.
This year IMO it's even more exagerated, because of what is "believed to be known". The kingpin is the USPTO decision(s). we've basically been told that a result should be expected withing months (quarters?), not years. With that info in mind, how safe would you feel in selling, recording the loss for tax purposes, and buying back in a little over a month? Does it sound like the USPTO result is coming withing those 31 days? If it does, could you not jump back in, abandoning the tax loss exercise and enjoying a gain?
But my intent here is to point to the one "most controlable" contributor to our depressed PPS - the "Brian effect". Though I say it's controlable - it really isn't, except by ONE PERSON.
More in my next post....
JMHOs,
SGE