Again, shareholders and people expressing opinions
Post# of 11803
(Total Views: 575)
Posted On: 08/29/2019 8:52:27 PM
Again, shareholders and people expressing opinions have no bearing on the pathetic position the Company is; MANAGEMENT is. I suppose shareholders are responsible for all the potentially promising press releases that were just clickbait to try to suck stock buyers in? How many of those press releases yielded fruit that was not rotten?
J&J and Platinum are aware of the cash position of the Company and will grind this out assuming the decision is reversed until they get a favorable settlement. I have owned J&J for years, they are a litigation machine.
I could care less the stock price was in 2013. Right now it is impossible to really tell the true fully diluted share position. Even if the case is remanded back you cannot guarantee a quick settlement. Smart money would bet on your boss taking crumbs and then concealing the amount per the last settlement. Any positive lift to the share price will be driven by mostly small time stock speculators. Given the history of the Company and non reporting status institutions will not step in to the market or support the market.
You go round and round with the same blame game, penny stock traders and posters. If the Company is correct and J&J violated the patent then they are the true enemy. But people buy stocks to make money, sometimes they win sometimes they lose.
The play here is not dreaming of a .93 share price and 2013. If the Company wins the appeal and can prevail there will be a temporary stock increase. If the Company does have an IP on a product with more reliable test readings and Platinum wants that IP and technology the stock price I would be happy with would be in the .20 to .25 range. I can't see the company be worth more than $50 million dollars even if everything
J&J and Platinum are aware of the cash position of the Company and will grind this out assuming the decision is reversed until they get a favorable settlement. I have owned J&J for years, they are a litigation machine.
I could care less the stock price was in 2013. Right now it is impossible to really tell the true fully diluted share position. Even if the case is remanded back you cannot guarantee a quick settlement. Smart money would bet on your boss taking crumbs and then concealing the amount per the last settlement. Any positive lift to the share price will be driven by mostly small time stock speculators. Given the history of the Company and non reporting status institutions will not step in to the market or support the market.
You go round and round with the same blame game, penny stock traders and posters. If the Company is correct and J&J violated the patent then they are the true enemy. But people buy stocks to make money, sometimes they win sometimes they lose.
The play here is not dreaming of a .93 share price and 2013. If the Company wins the appeal and can prevail there will be a temporary stock increase. If the Company does have an IP on a product with more reliable test readings and Platinum wants that IP and technology the stock price I would be happy with would be in the .20 to .25 range. I can't see the company be worth more than $50 million dollars even if everything
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