Worst peice of news -PTSC is nearly cash poor
in response to
by
posted on
Apr 09, 2008 05:31PM
Hopefully they keep this 4 mil liquid
Why can't PTSC do a deal
Why can't PTSC buy stock
Why can;t PTSC grant dividends
BECAUSE the geniuses that run PTSC locked up all their momey in Auction rate Securities before the MKT went illiquid.
That is one good reason for getting rid of JT and Pohl,,
They turned off the cash machine and now PTSC can't buy anymore of Swrcz;s stock,