30 % rise in the pps in 3 days. I submit this is not the work of a buildup to an April 9th report. It's too fast to be such IMO.
It looks like something else is in the wind. The volume has had 3 robust days as well. The pps has walked up nearly 30 % . The price has been strong. It looks nothing like a glitch, instead it looks very methodical.
Is it a leak as to the outcome of the re-exam ? I don't think so unless from subsequent additions it's been figured to be a slam dunk, and I personally don't believe in slam dunks as far as the market is concerned and certainly not when the USPTO is involved.
Is it a rumor of a M/A ? Not a likely cause for such a climb.
Is it because of a leak in the NDA ? Highly doubtful. They've kept their mouths shut completely for the duration thus far.
Is it because of new management ? It's apparently a 'plus' to have them but hardly enough time has elapsed to be worthy of judgement.
I figure it's because PTSCs' MMP might just be the only answer that works in todays world and there's no one else to point to as far as being responsible for it's deployment. We have them where the hair is short and one by one the market can see the rewards for being invested.
Also I'm a big fan of where people 'park' their money for the weekend. ( And this is a long weekend ) It shows either expected good news or simply a safe haven for their money. They wouldn't dare park it in Bear Stearns, would they ?
How high should this thing go ? I have no idea. But, all the good signs are here that something good is in the wind.
For the sake of argument. I'm guessing $ 1.05 very shortly.
Long & Strong