Thanks, that was from me and I believe I've expressed essentially the same views here. In general that site has had little action, and frankly I wish more were being said there, so I chimed in after some posts appeared there.
I never know where someone might learn something that has them look deeper into this, or any other stock. I believe that when the right person looks at this stock they see tremendous potential. This stock is wrong for many people, simply for one reason, it's not big enough, they won't be interested until it has a market cap of one or more billion dollars, that's true of both individuals, and Institutions.
Just last week we gained enough that Institutions that don't invest in anything under $5 would invest, so we may see more Institutional investment shortly, and we could also see the company raising funds because a broker came to them with perhaps tens of millions of shares an Institution would like to purchase through such an offering. I'm of the belief that many stock offerings are made by brokers who know who will buy the shares before they ever approach the company to consider an offering.
Many years ago it was very different. Major brokerages would participate in offerings, the CEO's and others would go on road shows to interest potential investors, and as a small investor you'd be privileged to be invited to a road show presentation, or participate in the offering with a few hundred shares at slightly below the market price, and with no brokerage commission. Today it's primarily Institutions that attend conferences held at brokerages, and who share new offerings. The small investor can really only hope to go along for the ride when the Institutions determine the time is right to move a company to a dramatically different trading range. Of course positive news works to make it happen, but the degree of the move can be greatly effected by Institutional action. I believe that with just a little more positive news the Institutions will help drive PSTI to a multi-billion dollar market cap.
Gary
