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Patriot Scientific Corp. |
I'd have to say a price target of .75 cents is reasonable, but this is
a small cap stock that posts a small dividend. Despite the dividend
though, I feel as if the stock is still in growth mode considering
they are picking up new patents and trying to get more companies
involved with their current patented work. Not to mention they got
that new big head on the board, and the CFO keeps making appearances
promoting the stock. We'll have to wait for new quarterly's to see
how interested wall street is.
I'd say the multi-dollar range is nothing out of the ordinary, I have
a couple hundred invested just to see if it'll take off. The stock
doesn't seem to risky either considering it's financials, it's not
going under that's for sure. They have positive net income and cash
flow and a good asset:liability ratio (as you'd expect from someone in
the business of holding intangibles). I'm going long on them.
Glad to see someone else with an interest in the company : ).