RE:RE:RE:entry pointPREDAWN I guess you do not trade stocks or been in the market for very long. Traders have pretty wives and fancy cars so they take money off the table often. Those ame traders buy and sell stocks often and they can cause big swings in penny stocks. Nothing new here, in six months we will be back above 2.50 and looking at breaking past 3 dollars.
Investors who dropped 46 million most likey have been in the market before and are not to worried about being down in their position. If you drop 46 million im sure you have plenty of cash and do not fret a swing in share price. If the did care then they should not be in the market.
As for PAT lying or exagerating facts I do not think that is the case. To me it is more that we doubled in price in less than 4 months and people are taking profits. Look when we upgrade to the TSX, which we will, we will have new investors with deeper pockets.
To me thiese price swings are great for the little guy. It allows people on the fence to buy shares at a 70 cent discount to what someone else paid for. Only a fool would not start firing someof their bullets at this price. There is like 15 million warrants at 3.25 cents so this is a great entry point.
I watched WEED go from 78 to 38 in a matter of weeks and that is not even a penny stock. So watching PAT go from 3 to 1.78 does not make me even blink an eye. I just shed 120 000 dollars from my portfolio in less than a month and I could not care in the least, because I know PAT will eventually be above 10 dollars sometime in the next five years.
If you want to take a 10 000 bety that PAT will be trading above 2.50 A year from now, PM me and we can get the contract written up. I doubt you will take me up on the bet , but im 100 % confident in a year from now PAT will be above 2.50.
predawn wrote: LOL Now you see what i said a while back PAT exagerates the facts so badly the PP people fall for it ;;imagine paying 2.50 PS a month ago and it 1.75 today total BS total BS
SCORPION34 wrote: Really? how do you think the people feel after the bought deal? not so good.