I'm not really a technicals guy but it would seem as though PTK has found its new holding pattern between 55-60 cents.
Next leg up to stem from NEWS? One definitely hopes so!
This week inclusive, we have 3 working weeks left until year end. My view is that we will not receive the Holy grail of news releases before year end. That said, I do anticipate some form of an update from the company before the year comes to a close.
Anything less would be ill advised as this would entail keeping investors in the dark for far too long a period. With milestones that should have been completed and reported in Q3 still remaining on the corporate presentation as such, not granting any form of a progress report will bode poorly for the stock price.
Though I completely understand the need for secrecy should an agreement be in the works, this in no way is reason to neglect your shareholders and report what can be disseminated.
Sandman