Protagenic Therapeutics Inc. (PTIX)

[RoagTrader]

I don't throw around the "F" word casually (Fraud), having been involved in hundreds if not thousands of different stocks over the years. Only 2 or 3 times have I held a stock of a company involved in fraudulent activity regarding their share price (in collusion with a certain market maker/broker).

If, and I admit this is still a big "if", this company is purchased at well below fair market value (along with other considerations including executive compensation and sweetheart deals for insiders), you will see a flurry of legal action and a certain SEC investigation.

At that point I'd like to see someone explain the controlled drop to .083 the week before last.

I'm still optimistic this isn't the case because I can't believe management is that stupid (we know market makers certainly are), but if they are they can surely expect to be held accountable and at the very least will have to deal with a lot of legal issues no matter the ultimate outcome.

This company is not worth 25 cents/share, at the very minimum it should sell for 1X revenues which is closer to 50 cents/share.