Re: yahoo finance guy doesn't get it...last post
in response to
by
posted on
Mar 20, 2007 11:41AM
"First, I'm certainly not alone in my opinion - just ask a majority of people on this forum. With your apparent attitude - if we win we win small and have to develop multiple new businesses for multiple, small profit (if ever) revenue streams before the PPS will move. Prompts one to ask why you're here."
Yes, you're certainly not alone with your apparent - "this is a lock/we're going to the moon" type attitude. Fortunately, there are posters like Ron, Ease and many others who offer more balanced/down to earth discussions and aren't "afraid or offended" when obvious negatives regarding the company are discussed. The more rational posters on this board are willing to admit that Patriot currently has a black eye that needs to be taken care of in order the SP to substantially rise.
"Prompts one to ask why you're here." This seems to be the cheerleaders canned response when anyone wants to have a "rational" discussion regarding any problems associated with this stock. I'll answer anyways: I'm here because I'm "all in" and I believe this stock has huge potential. Also, I've learned a great deal from the posters here. However, I'm not here to just be a cheerleader and ignore and shun anything negative that relates to this stock. I'd like to rationally flesh out these issues. I reacted to the Yahoo finance guy's summary because unfortunately, I believe it sums up the market's general opinion of this stock - I believe Ron made the same assumption.
Yeah no kidding mutual fund managers can't invest in this stock - but guess what? Hedge fund managers can and will typically include a small portion of a Hail Mary stock like Patriot in their funds. Tech Fund Managers I've spoke with are "very" familiar with Patriot and unfortunately, they do share the same sentiment as the Yahoo finance guy. Sorry but they just don't agree with you. They do this for a living and you're only a guy on a discussion board so I do believe the possibilities for a resolution should be discussed here and at the SHM.
Can you prove our share price is deflated because of warrant conversion? I'll admit it's a great theory but you can't prove it until the 10Q comes out so it's all speculation until then. I personally think it may only be part of the reason.
Also, when I'm speaking about revenue streams, I'm talking about substantial (additional) revenue that would justify a positive effect on the share price. Partnering up with a company like SONY to utilize "Ignite" would be a good example.
"As for your other comments, they make me wonder if you absorb anything you're read on this board." Ouch - well I guess this is another canned response from someone who is obviously "in love" with the stock. Sorry if you think I have offended your lover.
Regards
Patientman