Re: (From Ron on Yahoo) Thks Wolf for posting and Ron is right on and
in response to
by
posted on
Oct 06, 2009 12:47AM
might I suggest that all who want to remain sane read his post over again every time you feel that by the end of the year we should see $5+ p/share.
Now my two cents.....when you have a stock such as ptsc with so many areas of of overhead price resistance in each where there are probably 100's of shareholders, as Ron says, looking to get even and get out, you are going to have backing and filling. That would be healthy movement in the share price.
A stock like ours with the history it has day traders will certainly attempt to make a living off of the current situation and until we reach a sustainable pleatau where institutions will buy and support the share price the price per share will be relatively easy to manipulate. To have a "to the moon" move at this point in time with the limited information we have would only be Imo a repeat of what has occurred so many times over the past decade plus.
Healthy moves with healthy volume letting people get in and out in an orderly fashion is certainly preferable to me especially when I consider the huge overhang ptsc has.
Lastly with the information I have and the current market cap of ptsc being approximately $130 million which may be justified based upon what Ron has aptly described as moving into the actual realization of it's potential I at least will not get too excited until actual potential has been reached based on actual income figures.
God Bless All
marc