Inside of two weeks we'll know if the insiders think PTSC will trade at $3+ stock anytime in the near future. Two weeks (one day is actually enough) provides time enough to fund broker accounts, etc. I suspect they consulted the SEC after the quarterly release for guidance concerning the NDA. I don’t know why the NDA is not inside information? If any other shareholder out knows the information contained in that agreement, lets here it, and I’ll agree that’s it’s not inside information. I’m at a complete loss when trying to understand most of the decisions made by PTSC.
The purchase today looks like one of my "cautious" trades. With a bit more information I’d be tempted to load up, with the little validated information I have. Are the insiders unsure of PTSC or did they just not get feedback from the SEC in time to trade today?
If I can afford purchase PTSC stock, I’m sure these guys can at the salaries we pay them. Again, we’ll know how confident insiders are in less than two weeks. If token trading continues I’ll get really concerned, 40k share at ~.32 is not a show of confidence.
If more insider buying does not happen right away the acknowledgment that the ban has been lifted will hurt more than help. Now, I wait to see if this is yet again another mistake.
If insiders had purchased at least 200k shares today I wouldn’t have a gripe. Not about inside trading anyway…LOL
Bluewing