Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications
Message: Re: Yes we smell that McWitty
Your Vote:
Did you know?
You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)
Cookie, you have a unique sense of humour, one which I do appreciate.
Anyway, the idea that management is withholding material information to the benefit of a few of the old PTK players is a bit of stretch, and probably also illegal. Withholding information due to legal requirement is another matter entirely.
Sure, maybe there's a few trying to game things a bit, but the bottom line is that volume speaks volumes, and we're just not seeing the sustained volume yet. Let's go back in time shall we, it was 2014 and the venture salespeople and some exciting science got PTK run up to almost $3. Average daily volume for the better part of 6 months was well beyond what it is now, with a big run of 15 straight trading days of 2M-6M. That's the volume that drives SP for us.
Let's face it, gaming the system hasn't stalled our SP. it's all about supply and demand, and until demand VASTLY outstrips supply (aka genuine market excitement) we'll trundle along, and could very well be at the mercy of all sorts of machinations.
Personally, I don't believe the news to generate sufficient market excitement is being purposefully suppressed by management for nefarious reasons. More like, we're just not quite there yet. Bottom line. If the tech and business eventually deliver as advertised, the market will certainly let us know, and no amount of "meddling" will stop it. IMO, of course.
on a related note, someone seems convinced. House 48 for the past 3 months, all on the buy side:
| Broker Positions for C:PTK Broker #48 from 20200201 to 20200505 | ||||||||||
| Date | Bought | $Val | Ave | Sold | $Val | Ave | Net | Position | $Net | $Position |
| 20200218 | 25,000 | 11,500 | 0.46 | 0 | 0 | 0 | 25,000 | 25,000 | -11,500 | -11,500 |
| 20200221 | 57,500 | 29,895 | 0.52 | 0 | 0 | 0 | 57,500 | 82,500 | -29,895 | -41,395 |
| 20200224 | 25,000 | 13,000 | 0.52 | 0 | 0 | 0 | 25,000 | 107,500 | -13,000 | -54,395 |
| 20200303 | 250,000 | 133,290 | 0.533 | 0 | 0 | 0 | 250,000 | 357,500 | -133,290 | -187,685 |
| 20200304 | 48,500 | 27,160 | 0.56 | 0 | 0 | 0 | 48,500 | 406,000 | -27,160 | -214,845 |
| 20200306 | 12,000 | 5,880 | 0.49 | 0 | 0 | 0 | 12,000 | 418,000 | -5,880 | -220,725 |
| 20200324 | 75,000 | 24,375 | 0.325 | 0 | 0 | 0 | 75,000 | 493,000 | -24,375 | -245,100 |
| 20200326 | 54,500 | 19,620 | 0.36 | 0 | 0 | 0 | 54,500 | 547,500 | -19,620 | -264,720 |
| 20200408 | 75,000 | 39,000 | 0.52 | 0 | 0 | 0 | 75,000 | 622,500 | -39,000 | -303,720 |
| 20200414 | 100,000 | 51,950 | 0.52 | 0 | 0 | 0 | 100,000 | 722,500 | -51,950 | -355,670 |
| 20200416 | 9,400 | 4,982 | 0.53 | 0 | 0 | 0 | 9,400 | 731,900 | -4,982 | -360,652 |
| 20200417 | 19,500 | 10,230 | 0.525 | 0 | 0 | 0 | 19,500 | 751,400 | -10,230 | -370,882 |
| 20200421 | 21,000 | 10,705 | 0.51 | 0 | 0 | 0 | 21,000 | 772,400 | -10,705 | -381,587 |
| 20200423 | 176,500 | 88,250 | 0.5 | 0 | 0 | 0 | 176,500 | 948,900 | -88,250 | -469,837 |
| 20200424 | 22,500 | 11,475 | 0.51 | 0 | 0 | 0 | 22,500 | 971,400 | -11,475 | -481,312 |
| 20200427 | 17,500 | 8,980 | 0.513 | 0 | 0 | 0 | 17,500 | 988,900 | -8,980 | -490,292 |
| 20200504 | 50,000 | 30,000 | 0.6 | 0 | 0 | 0 | 50,000 | 1,038,900 | -30,000 | -520,292 |
| 20200505 | 108,200 | 61,691 | 0.57 | 0 | 0 | 0 | 108,200 | 1,147,100 | -61,691 | -581,983 |
| TOTAL | 1,147,100 | 581,983 | 0.507 | 0 | 0 | 0 | 1,147,100 | -581,983 |
36 Recommendations
Loading...
Loading...
4
May 06, 2020 09:10AM
New Message
Please
login
to post a reply