RE:RE:RE:RE:RE:entry pointPredawn you are hillarious. You just called people with 46 million dollars dumb. That is kind of an oxy moron is it not. Those same investors would of paid alot more on the open market then 2.50 if they tried to open a 16 million share position of PAT on the open market.
If they tried to buy 16 million shares in a month the price would be in excess of 4 dollars. So actually I would say they are rather smart. Just because the stock is taking profits ATM does not mean it will never rise again.
Do you think they just spent 46 million for Sh!TS and giggles. Cleary they did their research like CISCO has done. They liked what they saw and they are ok waiting till things get moving again. You have no clue about this machine or the inner workings so for you to talk about this or that is irrelevant. You have assumptions not FACTS.
Either way in a few years im sure PAT will be chugging along nicely. And all of investors will be happy we stuck threw the good and the bad days. To me it is just another great buying spree. it is to bad im outta bullets.
predawn wrote: If PAT had not lied about how far along they were over 18 months ago and not lead people to beleive that commercial implementation was immenant theres no way anyone would have bought the 2$ PP a few months back and now here we are not that much further in this deal and people are stupid enough to pay 2.50$:: it amazes me how dumb people can be ;;;;;;;;
Aei773ou wrote: Appreciate your time to respond.
An established down trend is here to stay and the chart looks it will take awhile to fix the technical damage. I rather wait on the sideline to see the dust settle. No rush to enter as I believe news is still some months away. Different people may have different comfort zone to hold on to this stock. Particularly hold true to invest in a good story but pre-revenue like PAT. Many members here know what they are putting money into. You are a trader like most people here and so no need to lecture in this board.