G's Place

[Lucas Scott]

Thanks for the math check Basonista and G I exaggerated a wee bit It's incredible to me that 3 of the 7 stocks on my scan more than doubled already, and the biggest loser is down a mere 7%. And the nice thing is none of them gapped up much, so they were all buyable at the open. I think I'm on to something with my scan.  

-EliteLuke

[basonista]

Maybe we should call you Luke Chartscanner, the Jedi Chartist!

[wrangler]

Great work Lucas,applaud you again,will be looking for you're next scans and maybe I'll be ready to buy when you post them

[supergeek]

Can't wait to see what turns up next in that scan. I have $43($32 after fee) available for trading. I wanna be a millionaire by 10AM tomorrow. The math makes sense to me, but then again I went to Public School. Keep up the good work LS.
Bob

[eliteG]

PTSC - chart update

lets see if she can hold 1st support

[nmbr1ballr]

So should I sell if it goes closes under .20 tomorrow, take my losses and go w/ the next?

[eliteG]

So should I sell if it goes closes under .20 tomorrow, take my losses and go w/ the next?

you're the triggerman nmbr1ballr

I will probably hold but again day to day we shall see. 

The chart I put up shows a secondary support line around 18.5-19cents and bullish consolidation(flat to slightly lower on decreasing volume)

[Lucas Scott]

The final tally...

AVDI  -9%
AVVW  0%
CKEI  +180%
GSPG  -7%
JKRI  +133%
PXIT  +144%
WOLV  0%

Not bad $-) 1k in each would have yielded a profit of $4400 or 63%. I wish I had just bought them all at the open. I thought about it yesterday but decided against it.

I probably shouldn't have chased JKRI. Will find out soon enough. Maybe it will keep running tomorrow ala AXIGE, which is now a 31-bagger from last Wednesday's close. Holy cow!

[gmarc66]

Nice job Lucas!

Elite....i'm still holding my PTSC which i bought at.023 and i completley forgot i owned it...duh! ..was so busy with other stocks today. Would have been fantastic though if when i finally remembered about it at 5pm to see that it closed at $1.05..now that would have been a pretty sight...ya...i'll just have to wait a little longer for that to happen


glta ..hope everyone had a great trading day

Supergeek....goodluck tomorrow with that $32...and since ur math is so bad...u might actually think u made a million tomorrow by 10am....ignorance is bliss..and on that note..i'm a very happy woman

juila

[nmbr1ballr]

Looks like there was a case against PTSC tomorrow but someone asked for a continuation.
http://www.cand.uscourts.gov/cand/calendar.nsf/0/817796ec842b0694882566a30060ea6a?OpenDocument 

[higherstocks]

Hey ELiteG, give me some techs on AWBV  Here is the chart, I know you cant get much from one day of strong volume and price action, but what do you think we need to see tommorrow or the next couple days happen here?  It looks like its been oversold awhile and we could see a huge correction.

[eliteG]

sorry guys I'm exhausted.. long day    I'll get to messages and replies tomorrow hopefully 

[lana2b]

Hey ELiteG
Can you, please, check it out

IYSA, GRXI, BSIO, ECMH
Thank you
Still can not attach charts

[la-onda]

PTSC DIVIDEND NEWS:

Patriot Scientific Corporation Announces Unprecedented Microcap Dividend
Tuesday February 14, 9:42 am ET

SAN DIEGO, Calif.--(BUSINESS WIRE)--Feb. 14, 2006--In a move virtually unprecedented among Microcap stocks, Patriot Scientific Corporation (OTCBB: PTSC.OB - News) - a high-tech intellectual properties Company that specializes in developing and licensing high-performance ultra-low power microprocessor technology - today announced that it will issue a cash dividend of $0.02 per share of common stock for shareholders and qualified warrant holders of record as of February 24, 2006. The dividend is payable March 22, 2006.

This dramatic announcement follows closely on the heels of the Company's announcement last week of a buy-back program for up to 20 million stock warrants and the conversion and retirement of all outstanding debentures. Final information as to the number of shareholders and outstanding shares will be provided by the Company's transfer agent as of the record date, but based upon current information and estimates the Company will set aside funds of approximately $7million or more for payment of the dividend from its currently available cash and cash equivalents that amount to approximately $17 million.

This announcement is especially significant because - until less than 12 months ago - Patriot had never shown a quarterly profit, and had never realized significant revenue from its 10-patent portfolio of seminal microprocessor innovations. Since February of last year, the Company's jointly owned patent portfolio has been successfully licensed to Intel, HP and AMD - in the process, generating nearly $24 million in revenue for Patriot. Based on these licenses and other key factors covered in recent SEC filings, Patriot Scientific currently has a market cap of approximately $64 million dollars.

With these successful license negotiations as precedent, the Company - through its marketing alliance with The TPL Group's Alliacense division, - is actively and confidently negotiating for licenses with other U.S. and foreign companies whose products include high speed microprocessors - more than 150 of which were put on notice of likely infringement - and that includes practically every high-tech consumer electronics manufacturer and systems integrator in the global marketplace.

"We are pleased to be in the strong financial position that enables us to offer our loyal shareholders this significant dividend," said David H. Pohl, Chairman and CEO of Patriot Scientific. "The Company strongly believes that more licensing deals and related revenues are likely, although none are assured," Pohl continued. "Patriot Scientific's Board of Directors will consider and decide whether to take such dividend payment actions in the future, based on future revenues and the financial condition of the Company, as well as market conditions and other factors."

Pohl also said that, "This dividend payment, which is rare in the arena of microcap companies, is another important step toward evidencing Patriot Scientific's current financial strength and the fact that the Board and management firmly believe in the Company's future potential. During the past 12 months, the Company has undergone significant changes in management and operating strategy. As a result of those changes and the licensing revenues related to our jointly owned patent portfolio we are now in a favorable cash position, and we are using some of that cash to pay out our first-ever dividend to shareholders."

The action by Patriot Scientific to issue this dividend - and also last week's decision to retire the debentures and buy back what could amount to up to approximately 20 percent of the Company's total outstanding stock warrants at this juncture - were driven by the same impetus that has guided other strategic re-organizational moves that began in 2005. Last year the Company changed both its executive team and the Company's strategic direction, including the signing of a significant agreement with The TPL Group regarding joint ownership and marketing of its patent portfolio.

Patriot Scientific received licensing revenues of $13 million in 2005. The Company received distribution of an additional $10 million in January of 2006 as a result of a license transaction with systems manufacturer HP regarding Patriot's jointly owned patent portfolio.

"The far-reaching changes in 2005 helped pave the way for new growth-oriented initiatives in 2006," Pohl said. "These changes are positive for Patriot. We continue to move forward with the paramount goal of enhancing shareholder value by prudently addressing Company fundamentals and growing the business."

[akclide]

excellent news should double in price in the near future.