This probably goes higher no matter what.
Even if they say that they are canceling the shares in two weeks. When Kodak wiped out the shares, the price plunged to 4 cents that day, then bounced to 13 cents. It traded for a good two weeks.
You can see EKDKQ on 8.21.13, when the Judge ruled that the plan could go forward and wipe out shareholders. Early on it traded at 4 cents that day, but then shorts started covering and it went to 13 cents, which was more than double the price of the day before the court hearing. Patriot could take weeks, or months, and you also get the longshot lottery ticket that something crazy good happens (though that is not likely).
You gotta zig when they zag. There are no guarantees, but PCXCQ at just over 4 cents is a likely winner, even if only for a week or two. I bought here today at just over 4 cents.
The market maker will unload at higher prices over the next week, no matter what. Below is EKDKQ.
2013/08/23 0.096 0.10 0.081 0.087 35,196,180 0.087
2013/08/22 0.12 0.13 0.086 0.10 55,402,699 0.10
2013/08/21 0.041 0.13 0.040 0.13 99,959,065 0.13
2013/08/20 0.076 0.079 0.051 0.056 32,847,748 0.056
2013/08/19 0.090 0.090 0.071 0.077 18,136,539 0.077
2013/08/16 0.075 0.100 0.075 0.087 26,486,242 0.087
2013/08/15 0.12 0.12 0.096 0.10 7,438,563 0.10
