End of week rant.....
1. Thanks to the board leaders for once again giving us a great forum to keep factual information flowing. Notice the lack of bashers that would normally be clogging the boards up. That should tell all the lurkers something.
2. In my opinion only, the last two days of trading have been between MMs. My simple guess is that the fact that short interest increased between 700K-1M in the past month, the fact that we have been on the threshold list during that time frame means the MMs made a wager one thing would happen and it didn't. This happens every day with them and they just do what MMs do. This will pass.
3. The big positive for me which I am sure is on no one elses radar is the fact that the DSS board has effectively been voted out and LTG can insert their board immediately.
4. For everyone losing their mind on PPS, either buy more or just hide until after 7/1. I guarantee the traders will be here after that.
5. Recheck the event calendar that is already "known" for next quarter. I don't even want to speculate on PPS in late September when you have pending Markman, and earnings release right after that.
6. Now if one of the big dogs on the board want to "estimate" O/S and cash position as of 7/1, I think that would help new investors/traders so they can plan accordingly. Mark my words, the next wave is going to be the dilution conversation. LOL Follow that argument through along with valuation math on any other IP play and see how that works for you.
Friday night fish fry-see everyone on Monday.
