Wednesday, July 05, 2017 11:45:58 AM
Chemist72 has tracked down the patents situation, but the market greets that with a yawn. Nothing big has happened to the share price between the June 30 record date and his post on this board today, so while it is great verification and I congratulate him on his find, it is not news, evidently. The people "in the know" where not surprised one way or the other by the patents assigned to P10.
At some point those "in the know" will get wind of something better or worse than expected, and the share price will move again.
I suspect the acquisition target company X is a known factor, and that explains (to me) why PIOE, that has nothing useful until there is a specific user, could be selling for 48 cents a share. Sure, cash has value, gold has value, lumber has value, but what is a NOL worth without a specific buyer? What is a very specific patent worth without the right kind of manufacturer?
Some kind of takeover is pre-planned and expected, it is said. I can buy that. So as I have said several times, will the next development be better than already expected, or worse?
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.
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