Re: Here comes the selling pressure these license announcements bring.
in response to
by
posted on
Oct 03, 2008 07:16AM
Moxa - "Swartz just wants out". If he dumped 20 million shares, that should tell you something and explain all of the selling pressure we've had. I don't think it's just Swartz - I think it's others like him who bought huge amounts of shares at .05 or less. They are selling on news. The stock is just not going to "run" at this point. It's been beaten down for far too long. We may not even get that big of a pop after positive news from the USPTO. When Patriot is taking in large sustainable revenue, then it will run. On the positive, there might be less selling when we do run because many of the sellers have already purged tons of shares.
JMO - GLTA