Once the Federal Circuit reverses the lower court and provides its reasoning for that decision and IF the filings are up-to-date -- GAME ON! I do not think that we will have to wait for all the legal maneuverings to conclude. The amount of potential damages and the impact on the industry of the reversal will likely spur wild possibilities and fantasies. In fact, I could argue that this stage of the outcome will be better for us than the absolute conclusion. You know what they say about buy on rumor sell on news.
Of course if your play is the long term business prospects and not the Federal Circuit act of this Greek tragedy then your strategy (timetable) and expectations are entirely different. They are however synergistic (with the Federal Circuit play). Legitimate business prospects create the impression of sustainability of the PPS beyond the impact of the Federal Circuit decision that would add fervor to the speculation and even broaden interest to real investors. All of this happening to a stock with 20 million outstanding shares.
As I said, that is my story and I am sticking to it. If I am wrong -- certainly could be, especially the part about the filings being up-to-date I could fall back on the business prospects play or use a nice tax deduction. Either way I have had an interesting 14 year long gambit.
I was fortunate to purchase a very large block of shares just before the last reverse split at the lowest PPS ever. In other words, on paper I am almost ahead six fold (based on current BID of 0.06). Paper profit means nothing. With a large block of shares, selling them is an issue, unless we encounter near panic buying and larger brokerage accessibility. Another issue to contend with, but one I would welcome into my tent.
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