You must think that someone thinking of buying PRKR comes to this message board, reads a shareholder POV, and then decides to buy. I doubt if there were or are any in number that do that. But if so the number is small as would be the number of shares. You can say that an appeal to the ruling will fail. Conversely, if an appeal is successful, PRKR will go parabolic. Would you think anyone here is margined? That is highly unlikely. It's close to 100% correct then to say no one will lose more than 100% if this goes to zero. At the same time, an appellate win and this could be over $5 very, very quickly. Risk versus reward and I will continue risking by not selling.
If you or any other shareholder has concerns that motivate one to sell, then they will. There is nothing I can do about that. I am resolute, firm in my waiting for an appellate court ruling regardless of any message, old or new.
"No one knows how the court will rule." That includes you. So tell all the current shareholders they are idiots is your bottom line. O. J. Simpson was acquitted, then found guilty and could be the most well known example of contradicting court rulings. To sell while "The stock is sitting at a 10 year low" would be the idiot's choice IMO.
By your question you've assumed I'm here to teach you technical analysis. You're wrong.
Your chart reading skills are lacking. I'm not using the LT chart. It was a reference to the basher crew.
And the share price is the lowest it's ever been. The bashers that work here for the purpose of having shareholders that do read this board, part with their shares for shorts' cover. Am I pumping? Or is this the reality of the situation. Need a tax loss this early in the year? Selling here makes no sense at all.
If you had been short here, why would you risk waiting for the appellate ruling. Surely it favors those that bought recently, since a ruling of patent infringement will send this over a dollar with ease. A review of the funds holding, most recently showing 38% ownership by 77 firms. Nasdaq also showing that the prior quarter 25 increased their stake by 1,444,802 shares and 28 decreased by 892,116 shares. And Apr. 30th 15,157,698 shares short with a huge days to cover based on average volume. The pricing and financing by way of the warrants should also indicate a bullish tone. Put simply, only the smartest of shorts were short prior to the drop. They have a no risk scenario facing them, cover and enjoy a very sizeable profit in percentage terms. IMO remaining short and at risk makes little sense.
Evidently then, it goes without saying that if Parker wins the appeal, this is more than a triple. Thanks for the info.
No one cares including you. So why have I replied you may ask. It's all about your basher ethic. You work hard at it. I'm long as of today but my position isn't complete. I know I can rely on you to bash and get my next bid filled. If you like, swap to other aliases to give your bash more credibility. TIA.
We all know the past. The unknown is the future. With both aspects in mind, I'll continue holding my shares. As my finances allow, I will increase my stake. And BTW, whatever negativism I read at this message board, I'll consider that a short talking his book.
You don't want to take my advice. Simply cover and take your profit. Paper profits aren't worth a thing. Your other choice is to spend your time and energy bashing at this board.
If you are unfamiliar with the term, a golden cross is chartist jargon for a particular event. The event occurs when the 50 day moving average rises from below the 200 day moving average to then cross over the 200 day and continue above the 200. I give this a 1 in 5 probability or only a 20% outcome. Sales must continue to ramp and surely I have no way of predicting that other than recent sales show potential.
It shouldn't be news to anyone that any penny stock carries extreme risk. If, as Cramer says, one should have 1 speculative stock in their portfolio, given the historic buy low opportunity here, the broad patent base and the questionable size of the short position, Capstone, IMO, is well worth the risk.
Sentiment: Strong Buy
Patents, also known as intellectual property, serve 2 key functions. Often one will see the phrase, barrier to entry. The trite saying to build a better mousetrap, such an accomplishment is at jeopardy if the new mousetrap lacks the USPO award of a patent. Competition would have no legal challenge to worry about; they could simply copy the design and sell it without any compensation to the company that built the better mousetrap. Patents protect the holder from unsavory and illegal competition. That's not to say that patent infringement never happens. One patent infringement case worth mentioning, Intel violating Transmeta's intellectual property. Not quite 8 years ago Intel agreed to pay Transmeta $250,000,000. Therefore, a barrier to entry can not keep a competitor from stealing intellectual property. At the same time, such violations can be very costly to the thief. Second point, as a patent portfolio begins to show it's viability, not necessarily profitability, by increasing revenue and widespread adoption, the patent portfolio increases in value. As Capstone boosts revenue, said increased valuation to the patent portfolio may attract a suitor to initiate a merger or buyout.