On the last trading session Patriot Scientific Corporation (OTC:PTSC) registered a record high trading activity. An unseen before number of trading shares from the company was exchanged on the open market.
In detail, the trading volume exceeded 5.4 million shares, which is more than ten times higher than the three-month daily average. According to FINRA statistics, 2.2 million shares were exchanged in short transactions, which makes less than 50% of the whole volume.
Apparently, buyers predominated the trades on Friday which pushed the share price higher on the chart. At the end of the session, PTSC finished 13.74% higher than the 
previous close. Thus, PTSC reached a price of $0.12 per share.
The strength of buyers is also shown by the MACD indicators, which despite changing its direction from positive to neutral still slides above the zero line. Basically, this means that buyers are stronger than sellers at present.
On Thursday, the company announced that Tyco International had purchased an MMP Portfolio license. The effect on the news came the next day when the trading volume hit an all time record high value.
