there is not momentum in the stock due to uncertainty regarding cashflows and the 3 US patents have not be granted
should trade sideways for sometime yet until clarification of patents and projected royalty streams
The company still has plenty of cash to fund research due to is one off $26m windfall which inflated profits and to some extent caused the dramtic rise to $5
I bought at $2.5 recently and am in it for the long haul
i agree not much upside in the short term, but DOOMED?
reminds me of the wall st crash you predicted earlier this week
PTD Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held