Dear thegoodoil23
Agreed. The stock has been hideously oversold. Exceptionally yielding as well at current prices.
Without wanting to throw a wet blanket on PTN it is ripe for takeover. I have no problem with this but I am fearful that IF it is taken over it will sell too cheap.
Net asset value alone takes the stock to be valued at $1.08 and business added would equate to $1.30ish.
No wonder there are few sellers. I know people sell for a variety of reasons but holders don't sell too cheaply.
regards
Capt. Goodvibes
dscl:- I am hanging on to PTN tightly.
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