Sorry George. I'm among those who do not think you are a genius. You and Yani are among those who thought the stock was a good buy when it was in the twenties. You recently sold out the last of your position at 61 cents. Now the stock has a minor setback and you can't wait to gloat. I don't think you will ever buy that stock you panicked out of below 61 cents.
I bought a little stock last week near 64 cents. If it goes below 64 cents, I may buy a little more.The company is a few months behind schedule, partly because of a slow FDA. The Republicans have put them out of business for a while.I look for the stock to consolidate for a few weeks and then resume its uptrend.
I think you're right that cheaper shares will probably be available. But the situation I want to avoid the most is selling my shares and then something happening like a partnership and the stock goes up.
Since I don't really need the money I have invested in PTN, I'll just hold and wait to see how things play out.
Interesting would be the right word. They are waiting till the market closes the third quarter to announce earnings for a period that ended june 30... Basically the same day as the subsequent quarter closes.
The company has shuttered all activities and is just burning dollars for the remaining salaries, yet it takes the accountants this enormous amount of time to publish.
Interesting would be the word.