posted
This company declared a .02 dividend in Feb and then a .04 dividend in Mar yet the price dropped following the .04 dividend from $1.61 to the current price of $1.21 -- a .40 drop!!!!
What is driving this pps down? - would have thought it would have lots of long term upside pressure following the increased dividend declaration. Is there something working behind the scenes that is negating the dividend increase??????
Posts: 230 | From: Virginia | Registered: Mar 2005
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It's on the OTC, stocks rise and fall dramaticaly as traders take positions. Some are bailing out because the finacials reports for the last two license agreements have still not been released. We also had a former associate of the company dump 2m shares this week...Considering the length of time we've gone w/out real news we are still at a great pps, that's due IMO to the long holders who are anticipating PTSC to prevail in the courts and continue it's revenue stream from the patent infringements.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Hey malloy, normally I'm on board with your posts, but I must disagree here. There is a huge difference between PTSC and STTK. PTSC has huge revenue potential right around the corner. Some of the big players like: HP, Intel, AMD, Casio and Fujitsu have already signed license agreements instead of facing the patent infringement suit. The large OS will only need to be adressed if we go to a larger board like NASDAQ. As we all know concerning the pps of a stock, the markets attention to an individual stock has just as much impact as the companies finacials. If we don't see news for another week or two we may test $1, but I beleive there will be to many buys wating at that level to send us shooting downward. JMHO
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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See how people loaded up today? No daytraders really because it's Friday... very light volume.. just shareholders loading up for next week.. financials are 4/14 I think, and SHM is 4/28
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
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Well then it should climb a little higher then fly on 4/14 or 4/15,then more after everything else gets settled,people have to be patient.i am trying to be because i know it is coming,but they sure are waiting long enough.
Posts: 249 | From: NY | Registered: Mar 2006
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They are taking their time for some reason. I missed this one. I thought it would flat line around $1.50 instead of $1.25-30. I guess hold is the order until we get some news.
Posts: 28 | From: Dallas | Registered: Mar 2006
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It would have flat lined around 1.50 if they had kept the previous pace of pr's. In OTC land, no pr's = pps losses. I'm holding long, news is coming...Company expected to release 10Q this week or early next according to PTSC investor relations.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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Don't you guys think the 10Q will have just as big of an impact on this stock as anything else other than a huge settlement and go forward contract in court???
Posts: 28 | From: Dallas | Registered: Mar 2006
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depends, I'm unsure if the Casio and Fujitsu deals will be disclosed in the 10Q because they just received the proceeds from Fujitsu on the 5th of Apr. As far as we know, they still have not received the funds from Casio. Yes, the 10Q will have an impact, but how big will depend on what is disclosed. If those two agreements are included in the 10Q then we will fly. The SHM will also bring a nice spike to the pps and yes, more agreements and court proceedings will make us soar. Like I said, I'm long, just curious about the 8K for the previous agreements...
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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You decide when your patience is up, IMO we have to much to gain to sell at these ridiculous prices. I don't know any more than you, but when news hits this stock goes up fast. To many potential infringements to call this stock a stupid hold.
-------------------- Success is having the time and money to enjoy all of life's wonders... Posts: 2083 | Registered: Nov 2005
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I believe I'll hang in there, if it keeps going south. I'll buy some more. I got out of a tired stock today that freed up some cash. I've made over 100% on my investment with this one and I think the potential to do it again is there. The short term upside on this stock is as good as any I know of. I just like action and hate the hold game.
Posts: 28 | From: Dallas | Registered: Mar 2006
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What is causing the big "sell off" today for PTSC ??
Any news ??
-------------------- If they call it "tourist season"... then why can't we SHOOT 'em..? Posts: 604 | From: Florida | Registered: Feb 2006
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