Stocks are under pressure again, but they're fighting to hang on right now. The guys over at Elite Opportunity Pro (EOP) have turned a little short-term bearish, so we'll see if the major averages continue lower from here, or end up trapping the bears one more time. I will say if the NASDAQ is the leading indicator right now, we're probably looking at more selling ahead. At least that's what my own personal analysis is pointing to. And based on the reasoning tech has been the hottest pocket of the markets these days, if tech goes it's possible everything else will follow. Stocks are way overdue for a haircut but the guys over at EOP still believe stocks will end up going higher when it's all said and done, so there's going to be some tremendous buying opportunities at some point this Summer. That's when we'll get pretty excited around here. But, there still seems to be a nice appetite for risk out there with many of the smaller stocks. SPYR Inc. (OTCQB: SPYR) hasn't disappointed since we re-suggested having a hard look at the stock a few weeks ago. Since then, the stock has moved from a low around $.40 cents to almost $.60 cents, which again proves the best time to buy the right penny stocks is when nobody wants them. The move has resulted in almost a 50% gain, and in this market right now that's stellar. Let's hope we can get the type of run out of the idea we've seen before, and also continue to get some good news following the company's recent announcement regarding the licensing deal for the Star Trek IP. Another stock that was really starting to behave well up until just this morning was Patriot One Technologies Inc. (OTCQB: PTOTF) (PAT.V). The early morning selloff follows an announcement the company made yesterday that it has entered into an engagement letter with Canaccord Genuity Corp. to act as lead agent and sole bookrunner (the "Agent") pursuant to which the Agent has agreed to offer for sale up to 4,300,000 special warrants of the Company (the "Special Warrants") on a commercially reasonable basis at a price per Special Warrant of $0.70 for aggregate gross proceeds of up to $3,010,000 (the "Offering"). You can read the entire release here: https://finance.yahoo.com/news/patriot-one-technologies-inc-announces-195300627.html. But in short, when we really take a look at what happened, you've got a little arbitrage going on when in fact the long-run may well be suggesting yesterday's financing was a big vote of confidence for the company. What I'm trying to say here is when market makers and speculators discovered the news, it created an opportunity to short the stock because the stock was over the $.70 cent warrant price on the TSE Exchange in Canada that shares of Patriot One trade under the ticker symbol PAT up there. Also, if you're wondering about the price difference, there are currency conversions between our U.S. and Canadian currencies. For all intents and purposes here in the U.S. though, PTOTF moved to a low of $.56 cents today on that same news, which is shown in the chart here. However, for the investors who purchased the warrants with an exercise price of $.70 cents, it's my thinking this should be viewed as extremely bullish on a long-term basis. If the company had done these warrants at say $.30 cents, my opinion would be the opposite, but they did it at a price that suggests plenty more upside ahead or they wouldn't have done it all, right? Sometimes things aren't always what they seem at first glance. It's also interesting to point out the company just this morning announced it was the editorial feature in NetworkNewsWire ("NNW"), a multifaceted financial news and publishing. The publication, entitled, "Fighting Terror: Innovative Companies Take Aim at Fresh Solutions for Global Defense," discusses innovative, alternative solutions being brought to market by companies on a mission to help solve the world's security problems. To view the full publication visit: https://www.networknewswire.com/fighting-terror-innovative-companies-take-aim-fresh-solutions-global-defense/ "Engaged in creating powerful solutions that minimize security risks, Patriot One employs novel radar technology for the detection of concealed weapons. The company's disruptive PATSCAN technology, the first system of its kind and the next-generation version of the company's award-winning NForce CMR1000 software and radar solution, is an innovative cognitive microwave radar system designed to instantly detect concealed weapons--even on moving targets. "PATSCAN identifies individuals who are carrying weapons--including guns, knives or suicide vests--by analyzing metal content and then relating that content to a database of known weapon signatures. The system's detection is real-time and fully computer-based, and because the solution is small, it can be covertly placed in doorways or hallways as a preventative measure against attacks in public places, such as stadiums, concert venues, schools, airports and more. "Unlike other weapons detection technology on the market, with Patriot One's products, subject compliance ceases to be an issue, since individuals don't know they are being scanned. Additionally, privacy concerns are eliminated since the solution does not generate an image of those it scans. Wherever PATSCAN is deployed, security personnel are automatically alerted if an active threat enters the premises, and the system has an impressive overall accuracy rate of 93 percent." As you can see of late, Patriot One is not only doing a great job on the PR front, their announcement just the other day regarding their recent confirmed sales commitments also proves the company's starting to fire on all cylinders. And with another nice financing now in place, we're going to know very soon just what PTOTF is really capable of.