RE:RE:RE:RE:RE:RE:RE:Short report - PTQOf course PTQ is doing a share rollback to meet Nasdaq requirements but your assumption that the stock will drop is based on generalizations. What if the co announces another acquistion the next day? Rollbacks by growing co's go up. Also the current short position is risky with earnings (and next qtr guidance?) to be released shortly.
cleareye wrote:
I see that this board can be a little touchy. I have been investing in PTQ for about 6 months. I welcome the news that they have made application to join NASDAQ.
These people shorting, whether warrant holders or not, must think that the stock will dip in price.
My previous post was merely asking if you think that PTQ will do a reverse split before joining NASDAQ, in order to ensure that their stock price will not fall below NASDAQ's requirements. I think that they might do the reverse split, which will put downward pressure on the stock price. Then when PTQ hits the NASDAQ the price will most likely rise.
Anyway, I feel like I have broken into a closed club with "NOT WELCOME" signs posted. Not sure if I care to stick around or not. It is kind of like an old Western Movie - man walks into the bar, told to leave, so he insists on buying a drink and staying :)
Have a good day, everybody.
cleareye.