Just a Perspective.
What a great day for the Nickle Club! With a down-trending stock, almost total negative market sentiment, and a company management that doesn't provide much information, it is a day traders dream. Sell 100K a nickel higher than yesterday's close and buy a nickel below. A clean one day's profit of over 33% in one day. Where else can you get that kind of return on your money with very little risk.
Does this PPS really surprise any of the long time longs? With the almost constant negative market sentiment over the past year, what do you expect? Right now the stock has little positive force save the patents, NIJ, and limited comments from the company. Until BORK makes and reports positive progress PPS will most likely continue to be wipsawed by the daytraders taking everyones money. They don't stay in the market very long so therefore have absolutely no interest in any positive growth of the company. A good part of the volume is just the day traders making money!
Longterm longs just have to believe the facts and wait for the positive news. Even when the trend changes to the upside, the day traders will continue to buy and sell to extract more money like they do for all of their investments. Some people invest to make money. Many more people invest based upon emotions. The money-makers make money. The emotional people lose their money.
So, each person decides for him/herself - are you a long-term investor which means you have done your DD and invest and wait, OR are you a long investor with short sightedness that wants to double your money in two months. IMO the short-sighted and emotional longs end up losing money because they can't stand the wait.
In the end, the day trader makes the most money in the shortest time with lowest risk, the long-term investor can make big money but has to wait until all cylinders are firing, and the long short-sighted investor loses. Pick your poison and good luck - losers have paid for many very large monuments to their emotional decisions in the city of Las Vegas.
There a lot of good facts on this company and Rome was not built in a day.
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