Wednesday, February 01, 2012 5:04:45 PM
The company is unfazed. The two 8Ks last week told me they are shedding debt rapidly. The convo posted with Aaron Baker tells me they are close to rolling out a strong product and are aware of the impact on major clients.
These facts are not the signs of a company still on the decline, they tell me the company has turned the corner. Now, why is Goldfarb not CEO anymore? I don't know. Perhaps he just got a better offer. It happens.
Last week at this time, most had considered it done for awhile. Out of the blue came the first 8K, then Friday's AH 8K. While I certainly believe in taking profits, I also think it's wise to trade around a core position 'just in case'.
Fong didn't take the CFO job to file BK or to fail. That ruins reputations, especially in a city like New York.
The bottom line is whether this trades at .04 or .06 tomorrow, it's a company in recovery, and when you stand back and look at the chart, especially the weekly and monthly you can see the V shaped recovery in full vigor.
Recent PTIX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:59:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2024 09:30:13 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:29:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 08:50:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 10:18:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:02:39 PM
FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • Nov 7, 2024 8:48 AM
FEATURED SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • Nov 7, 2024 7:00 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM