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Re: ccraider post# 21987

Saturday, 08/27/2016 12:22:25 PM

Saturday, August 27, 2016 12:22:25 PM

Post# of 23274
Actually that was somebody trying to SELL imho. To put a large number up at the bid is a strategy to fake interest in a stock so somebody can unload a huge position. People know what is coming and that is an appeals court loss. Here is what will happen:

PTSC loses the federal circuit court appeal because that is what happens almost always. The is heard by a 3 judge panel (there are 13 judges on federal circuit).

PTSC, because its board and PTSCs CEO/CFO still have some money left to suck out of the company, file a request for an "en banc" hearing of the appeal. This is a request for the entire 13 judges to hear the appeal. This almost never succeeds but as long as PTSC has a few bucks in the bank for the insiders to suck off the saga will continue! I bet they appeal all the way to the Supreme Court! Snicker.
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