Tuesday, February 14, 2006

PTSC

My friend Roger gave me a heads-up on Patriot Scientific earlier this morning. I want to post this before trading ends today, so I'll be brief. PTSC has a patent portfolio that they claim, "applies to any microprocessor on any device running at a clock speed higher than 125 MHz.....more then 150 companies have been put on notice of likely [patent] infringement."

Interested yet?

PTSC has licensed their patents to HP, AMD and INTC and has today announced a dividend of 2 cents per share payable to shareholders of record February 24, 2006.

I bought in today at 25.8 cents a share, then doubled up after some research at 27 cents a share. As I type this, PTSC is trading at 28.5 cents a share.

"Roll another one, my friend, just like the other one."


A

9 comments:

Anonymous said...

Allan, nice jump for ALNY after the bio conference in NY today. the CEO was on MSNBC after it ended, surging the stock to +8.82%

curt504 said...

Jeez what a day. I wonder what present value of PTSC might be? Buy more now?

tnx curt

Allan said...

Nice dilemma to have, making 50% in 24 hours, sell part, buy more, sell part and buy more, order a Mai Tai and watch curling on the TV?

Anonymous said...

Allan,

PTSC took off today, being the impatient person I am, I sold out at 48 cents and Im kicking myself in the ass (amateur move). I want to get in at twice the amount of shares I held before. One, What do you think a good price target is? Second, why the huge take off today. There hasn't been any recent news that I am aware of.

Thanks again!

-Trent

Anonymous said...

Allan,

One more quick question to add. I want in on this PTSC like I said before. What would be a smart way to get back into it?

Thanks for everything!

-Trent

David M Gordon / The Deipnosophist said...

Allan,

Wow! Who is this "Roger"...? And what else does he have up his sleeve?

Everyone perceives investing to be easy -- it is not, although it is simple. Just recall the Golden Rule:
Brass balls lead to golden balls!

Good call. Even better, bold action!

Allan said...

Wow! Who is this "Roger"...? And what else does he have up his sleeve?

Roger reads us, so apart from a collective tip of the hat to him, I'll leave to Roger to step up and take a bow, or not, his choice. Nice pick.

A

Roger Austin said...

A,

Just back from Disney World and found your post:

Apart from Qualcomm I have been reluctant to tout any stock, since I really don't know the direction of any stock price. I have a rule breaker portfolio but don't recommend it to those who don't have the time to sit like a brood hen on their nest eggs.

I have watched PTSC for six years and this was my first buy. Since the story is not yet clear I have not yet bet the farm, but I do tend to overweight my portfolio when these kind of opportunities present themselves. I view the stock market like a multiple choice test where the correct answer is not obvious, but it is possible to be reasonably certain of the best answer (enough of the time) to be richly rewarding.

I have a good friend who is an avid student of PTSC and has been a major shareholder for years. He has met the principals and believes their partnership with the TLP Group is going to pay off handsomely. He firmly believes that the stock is going to get on the NASDAQ exchange....and after that sees a lot of blue sky. Personally I have no idea, but will trade the volatility, invest the profits and see how it plays out.

The same friend asked me to check out EDIG today. Some of the early principals in PTSC are involved in this company. This penny stock is a double in the last two weeks. I don't find any compelling story here, but it might be an opportunity for nimble traders.

I have accumulated a large position in ALAN and I continue to like their story. I have met the CEO and CFO. I attended their recent annual meeting. Held their products in my hands. Met some of the other principal investors. They are reasonably assured of a continuing listing (six month extension) on the NASDAQ during which time there should be enough good news to push the stock price up over a buck. They have a lot in the pipeline, but all their contracts involve the excruciating process of navigating through government bureaucracy.

All of these penny stocks are like lottery tickets.....but then again so is following any particular NFL team all the way to the Super Bowl. Moses never made it to the promised land but those that followed him were richly rewarded.

Nothing ventured, nothing gained. I'm waiting for Qualcomm to merge with Google.....someday the Super Bowl will be played in Quoogle Stadium :-) On my trip to Disney World I didn't see anyone without some kind of hand held device or high tech gizmo.

Congratulations on your stock picks this year. I have made several recent trades in FONR and CYTR for nice short term profits. Thankx.

Roger

Anonymous said...

EDIG and PTSC both founded by Woddy Norris, and had, initially, a number of investors in common. There have been several times in the past where following a rise in one stock, investors have taken some profit and put it in the other . In the absence of any EDIG news, I would believe that to be happening now.