I couldn't disagree more. PC took it upon himself to buy in the open market, but the rest of management will most likely NOT follow in his footsteps. Why? Because that's what they said they would do (not buy, no financial engineering etc). And I don't see any reason why they would change their mind now.
Look, they just released a whopper of a white paper, (thanks to FJ for doing some explication and brainstorming on that!) Starting soon, until the end of October, they will be taking the story on the road to potential institutional investors. This is huge.
The pop in the price on Friday was accompanied by decent volume, but nothing like what we saw in mid August as SI dumped his shares.
I am mondo bullish right now, not because of PC buying, but because Friday's 20% pop on ok volume tells me what we already thought we knew: ALL THE CHEAP SHARES ARE GONE. its over. from now on, if someone wants a piece of PTK, they are going to have to pay up for it. by watching the volume for the rest of October, we will know if any new money is coming into the stock. I think we are clear for take off.
cheers