Patriot Scientific

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

No offense, but it's only the second business day after verdict, and PTSC came out with a good PR very quickly after that event. What is it that the Company can add to that at this point in time? Should we now expect a daily PR, and if so, what should be the expected content?

IMO, we need to remember that, as with many similar situations, some folks saw an opportunity to buy some shares in the .10 to .12 range, then, having guessed right, saw their "investment" double within a very short time frame. Whether intentionally acting as traders or not, it's hard not to sell at least some shares after such a gain, especially if you view the gain on an annualzed basis. In other words, at least some measure of profit taking is certainly to be expected, or, at the very least, shouldn't come as any surprise.

As always, we shall see. Best wishes to you and all.

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ronran
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Patriot Scientific
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PTSC
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