Patriot Scientific

Patriot Scientific Reports Profitable Quarter; Q3 FY '08 Net Income $6.3 Million or $0.02 Basic and Diluted Earnings Per Share.

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Re: How disappointed

Patriot Scientific

about 14 years ago

in response to neverland's message

After a 200% increase from .08 a couple weeks ago, it is very healthy for our SP, that we get a small pull back. MMs will take those shares from profit takers then move us higher.

Up on how many shares since .08? Then a 15%-20% pullback on a fraction of the up shares. I'll take it all day long. We are trading very well. controlled on the way up with small pull backs. Thats the way we want it.

Also many foolish people who have made a nice profit since .08 will put in stop loses. The MMs will drop the share price to pick up those cheap shares. Do not use stop loses! Very foolish.