Protagenic Therapeutics Inc. (PTIX)

[hawkeye612]

Thoughts??

Per Yahoo finance board there is a self appointed guru on this stock, lawshark 93. He has stated that he has called the clearing house and claims they told him there are still about 46 million shares outstanding. In his opinion the clearinghouse represents the ATRN lendors, who were already issued the total 100 million shares by atrn. His thoughts are since they are willing to sell at this price, they must deem the company stock worthless and will also also soon foreclose on atrn assets. His valuation of the company after all this is completed is around 04 cents per share.

What are the boards thoughts on this?

I am long and strong over 600,000 shares and thought when I first bought this stock it would be a slam dunk, and still think it will be in for a nice bounce. And yes, I paid way too much for it based on Fridays close.