G's Place

[Loffigus]

OLMP raising his Ask on NIHK again.

I am holding on -- doubled my position at $.122


(OOOHHH and nice bounce with PMED this later afternoon!)

[waxweazle]

Hey G.
only one more stock. GMTH
thanxs, wax

[eliteG]

ok who made that buy on NIHK @ .127 to end the day?      I know it was somebody trying to make this look juicier, lol.. and it does make the chart look a hell of a lot sexier.  Nice.

[supergeek]

Not a bad close for NIHK today. nmbr1, who needs school when you got this bunch here?
although i agree, i believe we should get 50% returns every day, even weekends dammit.
all the PMED buzz made me pick some up after lunch today and after a small dip watched it run till close. almost 50% in 3 hours, hope it keeps it up tomorrow or im holding Lucas personally responsible.

[thai626]

ok who made that buy on NIHK @ .127 to end the day?      I know it was somebody trying to make this look juicier, lol.. and it does make the chart look a hell of a lot sexier.  Nice.

You got that right G!!  She does look sexier doesn't she??   

Let's get some news NIHK............NIHK has been advertised and highlighted in many places.  Looks like everyone recognizes the potential of this stock.   

The moving day average cross coming soon.........plus this chart looks like a cup and handle pattern.  Although not a perfect cup........I'd say it's good enough!

[eliteG]

Hey G.
only one more stock. GMTH
thanxs, wax

not my style.. its almost a double-bottom but no confirmation.. tons of resistance overhead.  Its not giving me clues it wants to do anything.

[nmbr1ballr]

Hammer time G? 

[basonista]

Hammer time G? 

More like Miller time!!!  Pouring me a cold one as I type....

[eliteG]

Hammer time G? 

I dont consider it a true hammer, expecially since I watched that last trade, size 2000 shares($254) come in just a few seconds before close.. we were at .124.  So anyway it seems bullish but for me to be convinced I need the volume we had 2 days ago to be squashed.  But as you can see now we have something you might call "sustained volume"     come on NIHK.

Hammer time G? 

More like Miller time!!! Pouring me a cold one as I type....

lol.. to a good Friday bas 

[nmbr1ballr]

I dont consider it a true hammer, expecially since I watched that last trade, size 2000 shares($254) come in just a few seconds before close.. we were at .124.  So anyway it seems bullish but for me to be convinced I need the volume we had 2 days ago to be squashed.  But as you can see now we have something you might call "sustained volume"     come on NIHK.

Oh,  I don't have level II ability to see stocks so I didn't know it was only that that made it that price.

[mcolin]

RE: NIHK, over on the Raging Bull NIHK board some poster is, well, raging about something having to do with "Dutchess" and NIHK. An insider or institutional holder who unloaded 250K shares on 1/26? Anyone know anything about this? Is there reason for concern or does the chart speak louder   than whatever the "Dutchess" thing is?

Thanks.

[runner2847]

Hey guys,
As the resident PMED bag holder I just thought Id check in. This afternoon looks a lot better than this morning. I found myself staring into the abyss when it was a .015 this morning, but it turned around nicely. G, do you see anything new in the chart at this point or does your previous analysis still stand? I wish i hadnt got suckered in bc ppl who bought today made a real nice gain.

Also I called the company today to find out about all the China ceo trip rumors. The lady I talked to confirmed the ceo just returned from china last night and that "they would release via their website information on the trip as soon as it is available to the public". Hopefully that means a contract or some sort of good news soon.

[la-onda]

fyi:

PTSC UPDATE:

Patriot Scientific stock soars on licensing deal
Thursday , February 23, 2006 14:13 ET

By Bradley J. Fikes

Feb 23, 2006 (North County Times - Knight Ridder/Tribune Business News via COMTEX) -- RANCHO BERNARDO -- Shares of Patriot Scientific Corp. jumped 52 percent Wednesday after the company announced a patent licensing agreement for its microprocessor technology.

Patriot stock closed at 91 cents per share, a gain of 31 cents for the day. At that price, the company has added more than $90 million to its market capitalization, or total stock value. The current value is $276 million.

The agreement, with Casio Computer Corp., allows the company to use intellectual property that Patriot claims under its Moore Microprocessor Patent portfolio. A similar agreement with Hewlett-Packard was announced last month.

Microprocessors are ubiquitous in electronic equipment, and Patriot said it expects to get revenue from licensing the technology.

By getting large companies such as Casio and Hewlett-Packard to license the technology, Patriot may establish a precedent to get easier acceptance of its patent claims.

"The intellectual property represented by the MMP Portfolio, and protected around the world, encompasses building blocks for virtually all digital products being designed and shipped today," David Pohl, Patriot's chairman and chief executive, said in a Wednesday news release announcing the Casio deal.

Earlier in the day, the stock had briefly exceeded $1 per share, a price that it had not closed above since February 2001. The stock skidded sharply after that, closing as low as 3 cents per share in October 2004. The stock was still trading below a dime per share as recently as Jan. 12.

The Casio agreement appears to have piqued investor interest because it's the second such agreement, said Pattric J. Rawlins, an intellectual property attorney in the San Diego office of Procopio, Cory, Hargreaves & Savitch LLP. Rawlins said he owns "a little bit of stock in Patriot."

Often, the first agreement on a license is made at a discounted rate, Rawlins said. "When other big players start lining up ... the industry takes notice."

Rawlins agreed with Patriot that the company's patent claims are far-reaching, covering "the basic building blocks of digital processors."

"Very few patents have ever really dominated an industry," Rawlins cautioned. But if Patriot's claims are accepted, the company would have a powerful position in microprocessors, he said.

But Rick Mayes, a fee-only financial adviser in Carlsbad, said the potential for future gains is limited because so many Patriot shares have been issued.

Patriot has about 300 million shares outstanding, an unusually large number for a company of its market value. In financial jargon, this means that Patriot stock is highly diluted. By comparison, San Diego's Qualcomm Inc., with six times as many shares outstanding as Patriot, has a market value 282 times greater.

"If you buy a lottery ticket, you could win tens of millions. A share of Patriot could bring you 10 bucks. Either could be suitable for framing on your wall if they don't pan out," Mayes said. "As a fundamental investment, I think only patent attorneys should invest.

"The company said in November of '04 that its patents have a value of more than $1 billion. If that's true and the company got $1 billion tomorrow, that would be a cash value of between $3 and $4 per share," Mayes said.

"However, they do have a countersuit from 20 Japanese companies challenging the validity of their patents, so the road could be a little rocky. If they do run into major problems, the stock could also be worth what it was a month ago."

http://www.knobias.com/individual/public/news.htm?eid=3.1.5ef5527b6813bb447fd29c28525b0a292b3b54138aa7dc5d9a15099e6ed84630

cheers
O.

[thai626]

HOLY CRAP!!!      I just noticed something very beautiful when looking at the NIHK long term chart!  IT'S A BEAUTIFUL WOLVEWAVE PATTERN!!!!   

Sorry.....I got overexcited!!  haha.......anyways...here's the beautiful chart.  This is excellent news everyone!!

[mcolin]

Answered my own question about NIHK and "Dutchess." It's an institutional holder that sold 250K shares on 1/26. Looks like a few other institutional holders sold shares as well in the last quarter. Doesn't appear to be any institutional holders at this time, if I read the Yahoo info correctly. Again, is this something to be concerned about?

Thanks.