Wednesday, April 19, 2006

Patriot Scientific

Two days ago this thing set off some radar's, it dropped almost 50-60% of its value in a single day with very little explanation. unfounrtunately I missed the cheap pick up, but I did buy some on its way up at $0.855

I think PTSC undervalued at anything under $1 / share. They have a nice patent portfolio that happens to apply to many multiprocessors that are infringing. They have notified over 150 major companies of such possible infringement and every time they win they get millions thrown at them. its already trading up today in german markets on light volume but I see a possible 10-20% upside from its current value. Dare I sat $1.17 by next friday? I think I dare.


Post a Comment

<< Home