Protagenic Therapeutics Inc. (PTIX)

[jeff1981]

I had this wild idea that the stock might be hovering at the low point of its sideways trading. Perhaps we will hover around this level go higher and come down, settling between .24-.36. My logic is, it is a blue chip (if I have the proper term correct) and that many playing blue chips tend to play riskier stocks, right? So, my thinking is, the risk is low but the profits are kinda low buying much higher than a 1/3 or 1/4 of a dollar. Sure, it could go to 5 or more in time but many playing riskier stocks are not overly patient either. Now, this being said, the trend is up up up up down up up up down up up up and today's trading shows how strong this stock really is, a day like yesterday and today? Damn. If tomorrow this goes up, the sky is the limit here. Without news, I just wonder if it will keep on this upward trend but the sheer optimism of everyone wanting a dollar + might just be enough to make us all watch the train go up up and away with nothing but the potential and prospects of a company that once was nasdaq. Is this the only reason this is going up? Or is the DD truly that much superior to other plays down here that didn't pan out? I am hoping it is and this isn't JUST blind optimism. Loving this stock though and I don't plan on selling any of my major position for a long time.