Palatin Technologies Inc. (PTN)

[RFB]

Thought .40 might hold, but some serious action on the bid today....have quoted some .39s and suspect it will touch this and lower....Expect .35 to build in support and that to be around the bottom....might hold .36 or .37, but still has room to go lower....those warrants, in light of the recent news, are putting one hell of a damper on things.....

EDIT: Security is farked.....just threw some play money at it....450.00. The MMs front ran the trade, executing on the bid and turning to me on the ask at for a .001 profit on the approx. 2000 shares......what this means......there is a ton of paper here and they are willing to dump it on the bid or ask....after watching that BS, expect you will easily see .35, and likely lower. This things is flush with TP and they are wiping it anywhere they can....