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 network's message

Lots of folks and/or folks who have lots of shares want out, so they are willing to sell at these very low prices. For only a penny or thereabouts, other folks are willing to take a risk because it doesn't cost them much. That's the lure of penny stocks.

Think of it this way: even at 5.59 million shares, we're talking about a total expenditure of less than $80,000.00 at 1.4 cents/share for the entire day's trading so far. I don't see that as being very significant, but others may feel differently.

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ronran
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30970
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12/13/2004
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Patriot Scientific
Symbol
PTSC
Exchange
OTCBB
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401,392,948
Industry
Technology & Medical
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