RE:Long way down to the bottom You obviously are a rookie trader and do not have level 2. There are massive bids 50 000 plus in the 1.85 range. With 60 million in the bank people are really getting this company for like 1.35 CDN.
Never ever ever at this point in the game is this going any where near 1 $ CDN PAT has 60 million the bank and just bought two companies worth 6 Million between them.
I doubt we see another blood bath like today for a while. The shorts are all but exhausted at this point. I watched 34 000 bids change from 1.84 to 1.99 in an hour. I saw the 34 000 bid at 1.84 then when we started rising I watched it dissapear and reapear seconds lar 15 Cents higher trying to cover.
I was on level 2 all 8 hours was an amazing battle
TargetFound wrote: If things don't get better for Patriot One, this may be the first in a long time that PAT will be trading under $1.00 canadian. It may also be the first in a long time PAT trades at it's current fair value of 54 cents canadian.